After the completion of the ETHFI triangle, at the point where we placed the red arrow on the chart, the price entered a bearish phase.
This bearish phase is an expanding pattern, and Wave D has now been completed.
We now expect Wave E to develop, with the price dropping from the supply zone toward the targets marked on the chart.
Take partial profits at the first target.
A 4-hour candle close above the invalidation level will invalidate this analysis.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you think ETHFI is bearish?
This bearish phase is an expanding pattern, and Wave D has now been completed.
We now expect Wave E to develop, with the price dropping from the supply zone toward the targets marked on the chart.
Take partial profits at the first target.
A 4-hour candle close above the invalidation level will invalidate this analysis.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you think ETHFI is bearish?
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Disclaimer
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✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
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.
