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Ethereum (Cryptocurrency)

Daily Market Update - 7 min rundown of 20+ altcoins gauging tempIn this video: * Many of the smaller cap altcoins are entering bearish territory * I believe we are close to finding support for this current crypto correction * However, many disciplined traders will find themselves having to exit trades * It's time to exit some coins, take losses, and find a better re-entry condition and setup * Overall, markets remain in neutral territory. However, smaller cap altcoins are turning bearish. * jasmy, filecoin, shiba, shibainu, shibusd, ada, cardano, uma, umausd, zcash, zec, zecusd, doge, dogeusd, bat, basic attention token, batusd, oxt, orchid, oxtusd, bitcoin cash, bch, bchusd, ethereum, eth, ethusd, altcoin market, bitcoin dominance, etc.
COINBASE:OXTUSD
by stewdamus
2
LONG BTCUSD Bullish Upside (5th Wave Before ABC Correction)Looks like the 4th wave is complete and we can most likely expect the 5th wave starting very soon! According to Elliott Wave theory we are following these rules: When Wave 3 is less than 1.62, the 5th Wave overextends itself. From research, the ratio of Wave 5 will be based on the entire length from the beginning of Wave 1 to the top of Wave 3. Now we have 3 possible outcomes for our target areas according to the Elliot Wave theory because our 3rd wave did not extend: ~80K because Extended Wave 5 = either 0.62 x length (beginning of Wave 1 to top of Wave 3) OR ~93K because Extended Wave 5 = length of (beginning of Wave 1 to top of Wave 3) OR ~116K because Extended Wave 5 = 1.62 x length of (beginning of Wave 1 to top of Wave 3) So in the chart you can see our fib is equal to the length of 0–3. It is a projection from the end of Wave 4, meaning we added 0-3 to the end of wave 4. After the 5th wave completes we can expect a bigger ABC correction. Be very careful buying at 80K+ after completion of wave 5. It might cost you a lot. Our guess for now: The upcoming 5th wave will probably result in huge explosion in the NFT space, legit Crypto Gaming coins, DEFI and everything related to Metaverse. HAPPY TRADING!
Long
by Traderfriends
1
What is the best price to buy Ethereum?Using the daily timeframe I have shown that a very interesting price pattern is being followed by Ethereum. Combining this with supply and demand theory I think the best zone to buy Ethereum is near the bottom of its daily ascending channel. This is a combination of fractal analysis and supply and demand analysis plus pure price action. In my view when different methods confirm something it means that thing is credible and could be trusted to a very good degree. It would be very stupid if someone misses the next big move of Ethereum and I think one of the most probable places for this move to start is the one I have mentioned in the video. I hope you like this content! Feel free to leave comments. Stay safe
by chartmaster1991
8