MarketIntel

Ethereum: Greens 🥬

BITFINEX:ETHUSD   Ethereum
Ethereum has resolved to eat more healthy food. Thus, it has added a lot of greens to its diet, as is visible in our chart. First, it should take a bite of the middle green zone between $2169 and $1542 to finish wave 3 in green. Then, it should climb upwards to complete the countermovement in wave 4 in green. Afterwards, Ethereum should resume the descent below the support at $1711 and into the lower green zone between $1590 and $1349, where wave 5 in green should end. However, there is a 35% chance that Ethereum could decide to take a mouthful of the upper green zone between $3249 and $3481 before moving downwards again.
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.