Ethereum is taking its first steps towards the bigger corrective wave. Although the structure is not very clear yet, these steps are a positive sign. After a perfect landing at the 61.8% Retracement at $420, Ethereum turned and made its way, leaving our turnaround zone behind. Unless the bears drive prices up above $420, the way is paved for further selloffs.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
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.