TradeWaves-EWA

🚀Ethereum (ETHUSDT): the third wave of the ending diagonal.

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
●● Preferred count
Ethereum / TetherUS (BINANCE), 🕐TF: 1D
Fig.1

It is assumed that the primary wave will take the form of a large ending diagonal, subdivided into zigzags (1)-(2)-(3)-(4)-(5). Within the framework of the model, sub-waves (1) and (2) are formed, wave (3) is expected to develop.

The minimum target for (3) is to exceed the wavelength of (2).
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Ethereum / TetherUS (BINANCE), 🕐TF: 8h
Fig.2

The ascending wave marked as A of (3) can be interpreted as an impulse, the subsequent correction of B as a completed double zigzag ⓦ-ⓧ-ⓨ. If our calculation is correct, then we are at an early stage of the development of the ascending five-wave C. The formed waves ((i))-((ii)) with the breakdown of the 0-ⓧ line will serve as an additional signal in favor of this hypothesis.

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●● Alternative count
Ethereum / TetherUS (BINANCE), 🕐TF: 1D
Fig.3

Complicating the structure of wave (2) to a double zigzag is the first thing we should be ready for. Wave X can take the form of any corrective figure, but based on the fact that the first wave in the model, designated , is interpreted as an impulse, at the current stage a bet is placed on the formation of X by the type of a single zigzag.

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Ethereum / TetherUS (BINANCE), 🕐TF: 1D
Fig.4

The second variant of alternative labeling returns us to the previously preferred scenario, in the context of which wave (2) unfolds an expanded A-B-C flat with a diagonal at the end.

Provided the diagonal is completed, this calculation option can be designated as the preferred scenario.

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