ETH to 1800 or 1396?

ETH currently in a descending wedge since August 2022. It has respected both support and resistance several times. Playing out a possible ABC correction, now in wave 3 (5) of wave B to the upside, the upper resistance will be tested again. Look for a breakout above this to a possible 1800 target, then a FULL blown retracement in the final larger wave C to the downside, with potential new lows being established. Targets in blue are my price goals, green offer support and red is resistance.


https://www.tradingview.com/x/oKfetTFI/
Chart PatternsETHETHUSDTrend AnalysisWave Analysis

Penafian