This is our bullish view on Ethereum.
We are currently in wave 5 = 5 subwaves.
Subwave 1 appears to be a leading diagonal, which is broken down into 5 waves consisting of 3 subwaves each.
We are looking for one more move up to complete subwave 3.
Trade Idea:
- Enter on break of red trendline
- Stops will go below price once red trendline breaks
- short term targets: 2300, 3000.
Once we move down for subwave 4 correction, we'll look for another entry.
Goodluck and as always, trade safe!
We are currently in wave 5 = 5 subwaves.
Subwave 1 appears to be a leading diagonal, which is broken down into 5 waves consisting of 3 subwaves each.
We are looking for one more move up to complete subwave 3.
Trade Idea:
- Enter on break of red trendline
- Stops will go below price once red trendline breaks
- short term targets: 2300, 3000.
Once we move down for subwave 4 correction, we'll look for another entry.
Goodluck and as always, trade safe!
Comment:
ETHEREUM 4D Chart
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