ETHFI looks bullishIt looks like we have three big ABC waves on the chart.
Wave B has started from where we placed the red arrow on the chart. Wave B looks like a triangle and now it looks like we are at the end of wave d of B.
After the completion of wave e of D, we can see the rising movements of the big C wave.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ETHFIUSDT
ETHFI price clearly repeats the movement of BTC from rpreviousDuring the 2nd half of April, CRYPTOCAP:ETHFI buyers or its MMs tried to keep the price above $3.20 - not allowing it to update the lows.
↪️ On the one hand, it looks like a sign of "strength"
↩️ On the other hand, don't be too surprised if the price of $ETH.FI drops sharply to $3.11 or even $2.88 (too many "tasty stops" are hidden below $3.20 and can be hunted).
You can even place pending limit orders to buy here and feel a little bit like MM :)
In general, the #ETHFIUSDT chart is very similar to the #BTCUSDT price movement during 2021, and we copied the blue fractal from this period for clarity.
That is, the bottom is somewhere close and there should be good growth ahead.
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ETHFI, correction done, time for a GOOD RISE.ETHFI did the usual parabolic trim after reaching a peak of 8.0 +, then went on a good correction following the market's downtrend.
Today, based on recent long term data metrics, ETHFI is exhibiting a 'shifting' behavior. We maybe seeing a short squeeze soon (strong UPSIDE move) being developed around the current range.
Price is already at the heatzone / breakout point area and momentum is building up on this range.
Safe to seed now at this range.
Spotted at 3.50
TAYOR.
ETHFI ANALYSIS🔮 #ETHFI Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #ETHFI and perfectly retests the level. It's a 12hr time frame breakout and we will see more higher price in long-term.
💸Current Price -- $4.406
📈Target Price -- $8.092
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETHFI #Cryptocurrency #Breakout #DYOR