ETHUSDT
W1 - The price is near a strong level from which a corrective movement can be expected, also the price is now overheated, which technically indicates a possible correction after a strong impulse.
It is also worth considering that the news release may continue the price pump.
D1 - Price Can form a 3-wave structure from a strong level, which can lead to a fall in price to the values of 1860.
What to expect now?
Waiting for the level of the 1st wave to be broken from which an entry can be considered (2012).
The immediate goals for this formation are 1860 - 1808. It is worth taking into account possible news impulses and not taking increased risks to implement this idea.
Complete cancellation of the scenario breakdown 2117 - 2138.
Short
Targets 1987.30 - 1934.46 - 1885.40 - 1808.98
W1 - The price is near a strong level from which a corrective movement can be expected, also the price is now overheated, which technically indicates a possible correction after a strong impulse.
It is also worth considering that the news release may continue the price pump.
D1 - Price Can form a 3-wave structure from a strong level, which can lead to a fall in price to the values of 1860.
What to expect now?
Waiting for the level of the 1st wave to be broken from which an entry can be considered (2012).
The immediate goals for this formation are 1860 - 1808. It is worth taking into account possible news impulses and not taking increased risks to implement this idea.
Complete cancellation of the scenario breakdown 2117 - 2138.
Short
Targets 1987.30 - 1934.46 - 1885.40 - 1808.98