Ethereum probably will continue to pushu up.
We have an impulse to the upside and expanding leading diagonal, a range that is a flat pattern for wave 2 that bounced into the side of the channel after it was broken also here Weekly candle Open (WO)
Fast recovery after c wave of this flat a good clue that is a flat.
Enter long above 1394 break. And also Jerome Powell speach :))
Invalidation below 1284.
Good luck!
We have an impulse to the upside and expanding leading diagonal, a range that is a flat pattern for wave 2 that bounced into the side of the channel after it was broken also here Weekly candle Open (WO)
Fast recovery after c wave of this flat a good clue that is a flat.
Enter long above 1394 break. And also Jerome Powell speach :))
Invalidation below 1284.
Good luck!
Note
a move to the downside for DXY from that zone and ETH count will work fine
Note
If we break below 1302 than this count will be in action
Note
And I am expecting a move to the downside if break 1302Note
In the title I wrote Bitcoin, my apologies for this, the count is for Ethereum
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.