Ethereum

Ethereum, How A Main Channel-Breakout Can Emerge Upcoming Times!

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Hi,

Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspective. We managed to execute some really great trades in the channel in the last times with Ethereum as volatility increased. Now as I discovered it finalized the ABC-wave-count and moved on to test the upper boundary of the ascending-channel from where further pullbacks are likely, when Ethereum then manages to stabilize further in the confirmational-bounce-cluster marked in blue and bounces from there this can lead to an upside breakout above the upper-boundary, when Ethereum manages to show up with such a price-action this will be the origin of the wave-C-extension to the upside as marked in my chart.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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