In this idea, I would like to present a bearish perspective on Ethereum.
This perspective was derived based on the Elliott Wave Theory.
Until this pattern is confirmed, I have been continuously tracking the Elliott Waves and adding reasons for the bearish scenario one by one.
As a result, I have concluded that the next major move is likely to be downward, and while searching for a specific entry point, I detected the recent trendline break.
If this wave is clearly confirmed, I believe there is a high possibility of a decline to around the average take-profit level of 3763 USDT without much difficulty, and therefore, I am considering entering a short position.
All the details have been drawn on the chart, so please refer to it.
Thank you very much for reading, and as time goes by and the chart becomes clearer, I will continue to update this idea accordingly.
Thank you.
This perspective was derived based on the Elliott Wave Theory.
Until this pattern is confirmed, I have been continuously tracking the Elliott Waves and adding reasons for the bearish scenario one by one.
As a result, I have concluded that the next major move is likely to be downward, and while searching for a specific entry point, I detected the recent trendline break.
If this wave is clearly confirmed, I believe there is a high possibility of a decline to around the average take-profit level of 3763 USDT without much difficulty, and therefore, I am considering entering a short position.
All the details have been drawn on the chart, so please refer to it.
Thank you very much for reading, and as time goes by and the chart becomes clearer, I will continue to update this idea accordingly.
Thank you.
🌐서버린 공식 텔레그램 공지방
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
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.
🌐서버린 공식 텔레그램 공지방
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
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.