Ethereum Correction Ending? Next Bullish Wave Loading!

22 Ogo

In the previous idea, I was able to find the Ethereum price top at $4,788. The question is, has the Ethereum correction begun, or is there still hope for the creation of a new All-Time High(ATH)?

Ethereum(ETHUSDT) is currently trading near the Support zone($4,240-$4,186), Cumulative Long Liquidation Leverage($4,205-$4,158), and important Support lines.

In terms of Elliott Wave theory, it seems that Ethereum has completed a corrective wave. The corrective wave has a Double Three Correction structure(WXY). If the Resistance zone($4,410-$4,324) and Cumulative Short Liquidation Leverage($4,416-$4,375) are broken, we can confirm the end of the corrective wave.

I expect Ethereum to start rising from important support lines and rise to at least $4,373.

Second Target: $4,484

Third Target: $4,607

Stop Loss: $4,097

Note: Today's Fed Chair Powell Speaks can create excitement in financial markets, especially crypto.

Please respect each other's ideas and express them politely if you agree or disagree.

Ethereum Analyze (ETHUSDT), 1-hour time frame.

Be sure to follow the updated ideas.

Do not forget to put a Stop loss for your positions (For every position you want to open).

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22 Ogo

Dagangan aktif

Trade was activated near the important support lines

23 Ogo

Dagangan ditutup: sasaran tercapai

Full Target Done

Ethereum finally managed to create an All-Time High(ATH). Powell's speech was very impressive.