Ethereum has surged recently and continues rising in turquoise wave B. The next target is a break above the June high, with potential upside to resistance at $4,107. A direct breakout above this level (27% probability) would suggest green wave alt.[2] ended in April. However, our main scenario expects a reversal below $4,107, with turquoise wave C likely dragging ETH into the Long Target Zone between $935.82 and $494.15 to complete wave [2].
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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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.