Ethereum / TetherUSShort
ETHUSDT
The chart shows Ethereum forming an Elliott Wave triple zigzag pattern, with the current structure suggesting a bearish wave (Z) is underway. The price has broken below a key support trendline and is expected to retest the $1,840 level. This aligns with the confluence of the lower trendline and wave projection, indicating a potential correction to that target zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.