Ethereum managed to finally confirm the more likely breakout, it almost perfectly established the whole wave-count and completed it till the final breakout emerged as suggested this was the scenario to expect here, if you did not seen this analysis already I highly recommend it to watch to have a full-depth-overview, now as this breakout has shown up there are some other important factors and upcoming developments we should consider within the structure, therefore I detected all the important levels and likely outcomes meaningful the next times.
When looking at my chart you can watch there that Ethereum now trades within the Bullish-Confirmational-Continuation-Zone marked in green where it tested the dashed trendline in grey and firstly formed a pullback from there, the next times we can expect this correction to move on and finally confirm the layers of support before a continuation to the upside can completely fulfill, this will likely happen when Ethereum bounces within the dynamic-confirmation-cluster marked in blue in my chart, when such price-action finally established Ethereum is likely to move on further till the minimum targets marked in my chart in blue where the projected price targets lying, when Ethereum reaches this level it has to be elevated what happens after it and if there can come a continuation or firstly a reversal showing up lower levels which won't be unlikely.
The next times when Ethereum moves on with the correction and bounces within the cluster as suggested there can just show up some very good potentials further ahead, as Ethereum already moved on with this volatile pace this can just strengthen when Ethereum shows up with the proper price-action, for now, we should elevate how this whole structure is developing here and what Ethereum shows after it reached the targets, it will be definitely an interesting journey ahead.
In this manner, thank you, everybody, for watching, have a good day as well as good trading, all the best!
“Trading effectively is about assessing possibilities, not certainties.”
Information provided is only educational and should not be used to take action in the market.