EthereumPanjang
ETHEREUM (ETHUSD) SET TO SURGE 100% HIGHER
Hey Traders,
Hope you're having a great weekend!
The 4-hour chart of ETHUSD shows that the rally from $102.78 to $170 can actually be seen as a textbook five-wave impulse in wave (i) "blue" of 3.
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According to the Elliott Wave Principle, a three-wave correction in the opposite direction follows every impulse pattern. And indeed, the rest of the chart reveals an a-b-c zigzag correction in wave (ii) that terminated at 61.8 Fib ratio that lined up with support level + moving averages.
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Considering that there is a complete 5-3 cycle to the north. Fortunately for Ethereum hodlers, this means another rally to around $260 can be expected in wave 3 from now on.
.
What's your thought about Ethereum? Kindly let me know in the comment.
.
Thanks for reading!
Veejahbee.
Hope you're having a great weekend!
The 4-hour chart of ETHUSD shows that the rally from $102.78 to $170 can actually be seen as a textbook five-wave impulse in wave (i) "blue" of 3.
.
According to the Elliott Wave Principle, a three-wave correction in the opposite direction follows every impulse pattern. And indeed, the rest of the chart reveals an a-b-c zigzag correction in wave (ii) that terminated at 61.8 Fib ratio that lined up with support level + moving averages.
.
Considering that there is a complete 5-3 cycle to the north. Fortunately for Ethereum hodlers, this means another rally to around $260 can be expected in wave 3 from now on.
.
What's your thought about Ethereum? Kindly let me know in the comment.
.
Thanks for reading!
Veejahbee.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.