Ethereum seems to have completed its five-wave impulsive in the PRZ(Price Reversal Zone) after breaking the trend line.
🔆To confirm the end of wave 5, I can point to two divergences.
1- We can see the divergence between Price and Volume.
2- Regular Divergence(RD-) is also seen in the RSI indicator (it seems Ethereum is making a descending channel at 4h timeframe, Also, it reacts to the upper line of descending channel well).👇

Also, Ethereum will likely experience a sharper fall if Bitcoin falls, as ETHBTC will look bearish.👇

Ethereum Analyze ( ETHUSDT ) Timeframe 4H⏰.
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.
🔆To confirm the end of wave 5, I can point to two divergences.
1- We can see the divergence between Price and Volume.
2- Regular Divergence(RD-) is also seen in the RSI indicator (it seems Ethereum is making a descending channel at 4h timeframe, Also, it reacts to the upper line of descending channel well).👇
Also, Ethereum will likely experience a sharper fall if Bitcoin falls, as ETHBTC will look bearish.👇
Ethereum Analyze ( ETHUSDT ) Timeframe 4H⏰.
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.
Nota
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🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Penerbitan berkaitan
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.