Ethereum has displayed a near perfect idealized Elliott wave form thus far. Notice how wave (2) was a zig-zag and (4) is flat which is in line with the alternation guideline. We should see a similar pattern play out for a flat wave 4 of one degree higher as the recently completed correction was a perfect zig zag as well. I'm looking for a $12 - $16K target to top off the bull run.
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If you found value in this post or you've been receiving receiving good value from my posts, I'd appreciate a Thumbs Up and a Follow if you haven't already done so. Thank you.
DISCLAIMER: All investments involve risk or loss. None of my posts should be construed as financial advice. You are responsible for your own financial well being so always do your own diligence.
Comment:
We're on the verge of a new ATH daily close on ETH which may happen tonight. We need to close above 4182 and it'll be game, set, match. If that happens, crypto bears better go hibernate a few months.
Comment:
We now have a new intraday ATH for ETH! Can't wait to see where ETH will be at by the end of the year!