Hi,
Welcome to this analysis about Ethereum, we are looking at the 45-minute timeframe perspectives. Ethereum recently somewhat managed to bounce after marking its lows since the bearish alignments, besides that now I discovered this main ascending-channel-formation established marked in my chart with the black boundaries and the coherent wave-count within the channel already completing waves A and B in the structure and now Ethereum is about to form the wave C that will finalize the whole wave-count however this wave C will move directly into the strong upper resistance-cluster marked in red where several resistances coming together and therefore likely to show an initial pullback, when this pullback then moves below the lower boundary Ethereum will move on with the further conclusions and testing of lower levels.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
Welcome to this analysis about Ethereum, we are looking at the 45-minute timeframe perspectives. Ethereum recently somewhat managed to bounce after marking its lows since the bearish alignments, besides that now I discovered this main ascending-channel-formation established marked in my chart with the black boundaries and the coherent wave-count within the channel already completing waves A and B in the structure and now Ethereum is about to form the wave C that will finalize the whole wave-count however this wave C will move directly into the strong upper resistance-cluster marked in red where several resistances coming together and therefore likely to show an initial pullback, when this pullback then moves below the lower boundary Ethereum will move on with the further conclusions and testing of lower levels.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.