In the previous idea, I was able to find the Ethereum price top at $4,788. The question is, has the Ethereum correction begun, or is there still hope for the creation of a new All-Time High(ATH)?
Ethereum(
ETHUSDT) is currently trading near the Support zone($4,240-$4,186), Cumulative Long Liquidation Leverage($4,205-$4,158), and important Support lines.
In terms of Elliott Wave theory, it seems that Ethereum has completed a corrective wave. The corrective wave has a Double Three Correction structure(WXY). If the Resistance zone($4,410-$4,324) and Cumulative Short Liquidation Leverage($4,416-$4,375) are broken, we can confirm the end of the corrective wave.
I expect Ethereum to start rising from important support lines and rise to at least $4,373.
Second Target: $4,484
Third Target: $4,607
Stop Loss: $4,097
Note: Today's Fed Chair Powell Speaks can create excitement in financial markets, especially crypto.
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.
Ethereum(
ETHUSDT) is currently trading near the Support zone($4,240-$4,186), Cumulative Long Liquidation Leverage($4,205-$4,158), and important Support lines.In terms of Elliott Wave theory, it seems that Ethereum has completed a corrective wave. The corrective wave has a Double Three Correction structure(WXY). If the Resistance zone($4,410-$4,324) and Cumulative Short Liquidation Leverage($4,416-$4,375) are broken, we can confirm the end of the corrective wave.
I expect Ethereum to start rising from important support lines and rise to at least $4,373.
Second Target: $4,484
Third Target: $4,607
Stop Loss: $4,097
Note: Today's Fed Chair Powell Speaks can create excitement in financial markets, especially crypto.
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.
Trade active
Trade was activated near the important support linesTrade closed: target reached
Full Target Done
Ethereum finally managed to create an All-Time High(ATH). Powell's speech was very impressive.
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁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% 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
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.