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ahmadsaad83
Apr 2, 2024 8:10 AM

ETH long spot Trade Long

Ethereum / TetherUSBinance

Description

ETHUSD Elliott Wave Technical Analysis
Mode: Corrective
Structure: Flat
Position: Wave (c) of (iv)
Direction: Wave (c) of (iv) is still in play
Details: Wave (b) ended around 3878 and now Wave (C) is in play which I expected to be end around 3050-2870 which will be my entry point.
Next Direction: Wave (v) which will complete the next higher Degrees Wave (3)
Target: 2640-2700 with 50% profit
Wave Cancel invalid level: Daily closing below 2717 with 10% loss


Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.

Comment

Alt scenario: we are too close to break the price channel , so keep your eyes on it in the next two days and wait for the confirmation point.

I still think that the first scenario is in running, but i put this just in case not.

Trade active

we reached our entry points , but I think the correction is not finished yet, dow you will find the next entry points.

Invalidation Point is invalidate my BTC Idea


Comment

breaking 3358 meaning that our wave 5 is starting

Comment

Eth break the daily price channel and it going up to our targets

Comments
MyCryptoParadise_Simon
Looking forward to seeing how Wave (v) unfolds.
ahmadsaad83
@MyCryptoParadise_Simon, Same here! Can't wait to see where it goes.
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