Hi everyone👋(Reading time less than 3 minutes⏰).
Today I want to show you the 🗺️roadmap🗺️ for Ethereum for the next 7 days in the 4-hour time frame using the Elliott wave theory.
Ethereum has started to form corrective waves after the completion of five impulsive waves; one of the signs of the beginning of corrective waves is the formation of the Head and Shoulders pattern.
Since the main wave A has 5 microwaves, I expect a corrective structure ahead of Ethereum Zigzag(ABC/5-3-5).
Ethereum has managed to complete the main wave B in the 🟡Price Reversal Zone(PRZ)-($1,918-$1899)🟡 (One of the signs of the completion of the main wave B is the breaking of the support line).
🌐News🌐: Vitalik Buterin Linked Wallet Invested 2013 Ethereum in OKX! Is it a Bearish Signal❗️❓
An address associated with Lookonchain Ethereum founder Vitalik Buterin said it has invested 2,013 ETH (worth $3.76 million) in OKX.
I expect the main wave C to finish near the support line and inside the 🟢support zone($1,780-$1,750)🟢.
📚Educational Tip📚: One of the signs of confirming the wave count is that wave A basically goes down to the end of wave 4.
If we look at the ETHBTC chart, we will realize that if the cryptocurrency market falls, Ethereum will be more affected by this fall than Bitcoin.
For more information, I recommend you to read the following post.👇
Ethereum Analyze ( ETHUSDT ), 4-hour 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.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Today I want to show you the 🗺️roadmap🗺️ for Ethereum for the next 7 days in the 4-hour time frame using the Elliott wave theory.
Ethereum has started to form corrective waves after the completion of five impulsive waves; one of the signs of the beginning of corrective waves is the formation of the Head and Shoulders pattern.
Since the main wave A has 5 microwaves, I expect a corrective structure ahead of Ethereum Zigzag(ABC/5-3-5).
Ethereum has managed to complete the main wave B in the 🟡Price Reversal Zone(PRZ)-($1,918-$1899)🟡 (One of the signs of the completion of the main wave B is the breaking of the support line).
🌐News🌐: Vitalik Buterin Linked Wallet Invested 2013 Ethereum in OKX! Is it a Bearish Signal❗️❓
An address associated with Lookonchain Ethereum founder Vitalik Buterin said it has invested 2,013 ETH (worth $3.76 million) in OKX.
I expect the main wave C to finish near the support line and inside the 🟢support zone($1,780-$1,750)🟢.
📚Educational Tip📚: One of the signs of confirming the wave count is that wave A basically goes down to the end of wave 4.
If we look at the ETHBTC chart, we will realize that if the cryptocurrency market falls, Ethereum will be more affected by this fall than Bitcoin.
For more information, I recommend you to read the following post.👇
Ethereum Analyze ( ETHUSDT ), 4-hour 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.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
