Ethereum Analyze [Road map!!!🗺️(04/10/2023)]
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Ethereum is moving in the 🔴heavy resistance zone🔴; if we look at Ethereum in terms of Elliott wave theory in the Daily time frame, we will find that Ethereum is completing 5 impulsive waves so that the fifth main wave follows the Expanding Ending Diagonal structure.
There are two signs to confirm the wave count:
1- There is a Regular Divergence(RD-) between the main wave 3 and the main wave 5.
2- The expanding triangle is mostly seen in wave 4.
I expect Ethereum to finish microwave 5 of the main wave 5 after reaching the 🟡Price Reversal Zone (PRZ)🟡.
Expanding Ending Diagonal structure in the 4-hour time frame (better view):👇
❗️Note❗️: If ETH goes over $ 2,120, the scenario will change.
Ethereum Analyze ( ETHUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
There are two signs to confirm the wave count:
1- There is a Regular Divergence(RD-) between the main wave 3 and the main wave 5.
2- The expanding triangle is mostly seen in wave 4.
I expect Ethereum to finish microwave 5 of the main wave 5 after reaching the 🟡Price Reversal Zone (PRZ)🟡.
Expanding Ending Diagonal structure in the 4-hour time frame (better view):👇
❗️Note❗️: If ETH goes over $ 2,120, the scenario will change.
Ethereum Analyze ( ETHUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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