If Ethereum had a satnav, it would be like: “…at the lower edge of the orange-colored zone, make U-turn and follow the road northward.”
Ethereum has finished wave iii in orange at the lower end of the orange-colored zone between $2402 and $2195 and has already started wave iv in orange. This countermovement should lead the price into the second orange area between $2710 and $3325. As long as it does not develop any new interim lows, Ethereum should ideally reach $3050 before beginning wave v and turning around again to go back though and below the orange belt between $2402 and $2195.
Ethereum has finished wave iii in orange at the lower end of the orange-colored zone between $2402 and $2195 and has already started wave iv in orange. This countermovement should lead the price into the second orange area between $2710 and $3325. As long as it does not develop any new interim lows, Ethereum should ideally reach $3050 before beginning wave v and turning around again to go back though and below the orange belt between $2402 and $2195.
