marked out some precise Elliot Wave levels on ETH:
- recently closed W3 at 4788, which gives a W4 targets 4343.56 and 4167
- leading to W5 breaking the big 5k mark with targets 5081.20 or 5171.78 (with deeper pullback in W4).
- this gives a nice short opportunity entering just below the HTF supply zone at 4618.92 (divergence suggests another small bounce)
- followed by an epic long to new ATH entering at 4313.56 (and 4167 on a deeper W4) with TPs at 4899 and 5081
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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.