Welcome to this analysis about Ethereum, we are looking at the 30-minute timeframe perspectives. Ethereum till now managed to hold its established structure and as besides that it is trading above the 140- as well as the 120-EMA where it is now forming this triangle-formation with the coherent wave-count within the formation which will complete with the wave E, when this wave E moves into the confirmational-bounce-cluster and Ethereum manages a decisive bounce to the upside from there this will be the origin of the completion of the triangle and further continuations, therefore it is highly necessary that Ethereum holds the structure and does not fall below the established supports because this can invalidate the whole formation.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "There are many roads to prosperity but one must be taken."
Information provided is only educational and should not be used to take action in the market.
Post your comments, questions, and ideas about ETHEREUM here.
Cmeework
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@VincePrince, do you think ETH is going to retrace at all or just keep rising? Trying to decide what to do with this sell I have.
onelikeno1
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perfect
update your Idea
Mehdyjan
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thanks . nice analysis
arvin94
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Very bad analysis
Merica-Trader
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@arvin94, you care to look again? Seems he was SPOT ON @ $3835 right now
arvin94
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@michigantss, The part written in the analysis goes back from 3.6 to 3.5 which was wrong and the price went to 3.8 .
Merica-Trader
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@arvin94, you stated he made a very bad analysis.. I'm no chart junky, and maybe he didn't have the exact tic-marks down at every minute but if you look at his forcasted graph, it is pretty damn good.. I don't see you providing your wealth of knowledge to help others, now do I? Go over to the Doge section, they'll welcome you there.