Ethereum Ready to Attack Resistances — Time to Long ETH?

6 Ogo

Ethereum(ETHUSDT) fell to the Support zone($3,538-$3,442) and Support lines as I expected in the previous idea.

Ethereum is currently trading near the Support zone($3,538-$3,442), Support lines, and Cumulative Long Liquidation Leverage($3,559-$3,524).

In terms of Elliott Wave theory, it seems that Ethereum has completed the main wave 4. The main wave 4 has an Expanding Flat structure(ABC/3-3-5). To confirm the main wave 4, we must wait for the Resistance zone($3,771-$3,677) and Resistance lines to be broken.

I expect Ethereum to trend higher in the coming hours and attack the Resistance lines and Resistance zone($3,771-$3,677).

Cumulative Short Liquidation Leverage: $3,672-$3,645

Note: Stop Loss: $3,450 =Worst

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).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

7 Ogo

Dagangan aktif

Trade was activated

8 Ogo

Dagangan ditutup: sasaran tercapai

Full Target Done