Ethereum Analyze [Road map!!!🗺️(04/10/2023)]

Ethereum is moving in the 🔴heavy resistance zone🔴; if we look at Ethereum in terms of Elliott wave theory in the Daily time frame, we will find that Ethereum is completing 5 impulsive waves so that the fifth main wave follows the Expanding Ending Diagonal structure.

There are two signs to confirm the wave count:

1- There is a Regular Divergence(RD-) between the main wave 3 and the main wave 5.

2- The expanding triangle is mostly seen in wave 4.

I expect Ethereum to finish microwave 5 of the main wave 5 after reaching the 🟡Price Reversal Zone (PRZ)🟡.

Expanding Ending Diagonal structure in the 4-hour time frame (better view):👇

❗️Note❗️: If ETH goes over $ 2,120, the scenario will change.

Ethereum Analyze ( ETHUSDT ), Daily time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

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Ethereum falls by Expanding Ending Diagonal😉

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Ethereum and Head and Shoulders Pattern❗️❗️❗️(Short term)

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Running well

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New Update

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New update