The price seems to be completing wave D of a neutral triangle. With just this leg, we’re looking at a 120% return.
But what happens once this triangle completes?
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Diving into Ethereum’s wave analysis:
from the 2022 downtrend to the bullish phase of October 2023. The current correction, likely a zigzag with a running triangle in its second wave, still seems incomplete. Save this post and stay tuned for detailed updates!