Hello friends
In Ethereum currency, we see a complete 5-wave pattern, which can be considered as A of ABC or 1 of a 5-wave pattern.
Therefore, considering both situations, the price should reach the range of 2150 or 2250 dollars, which is equal to the drawn channel ceiling and 61.8% Fibonacci ratio.
Triangles can appear in wave 2 of 5 waves (rarely) or B of ABC, so if a triangle is formed, the price will correct down to 1925, then it will rise to 2250, and if this correction is in the form of a double correction , after the pullback to the drawn resistance line, it will move towards $2,250.
Be successful and profitable.
In Ethereum currency, we see a complete 5-wave pattern, which can be considered as A of ABC or 1 of a 5-wave pattern.
Therefore, considering both situations, the price should reach the range of 2150 or 2250 dollars, which is equal to the drawn channel ceiling and 61.8% Fibonacci ratio.
Triangles can appear in wave 2 of 5 waves (rarely) or B of ABC, so if a triangle is formed, the price will correct down to 1925, then it will rise to 2250, and if this correction is in the form of a double correction , after the pullback to the drawn resistance line, it will move towards $2,250.
Be successful and profitable.