Hello Fellow Traders
So on this chart, we see some very interesting developments. What we see is Ethereum making a parabolic increase during the bullish cycle, which lasts approximately the same amount of time, which is roughly around 4 - 5 months.
We then see the start of a correction as soon as the parabolic curve is lost and the first three impulse waves down is characterized by the second point, (point B) being almost as high as the all-time high. And then the price further corrects to C, which is minus 40 - 50% of the total price.
After which we then see a period of range trading almost characteristically seeing higher lows again and again. We do not see higher highs. We then see another impulse wave up over 2-3 months, marked by a 30% increase (upside correction):
The price will likely spike, and then fall to lower lows as it did with the previous fractal, Where -60% puts us as $1600:
So on this chart, we see some very interesting developments. What we see is Ethereum making a parabolic increase during the bullish cycle, which lasts approximately the same amount of time, which is roughly around 4 - 5 months.
We then see the start of a correction as soon as the parabolic curve is lost and the first three impulse waves down is characterized by the second point, (point B) being almost as high as the all-time high. And then the price further corrects to C, which is minus 40 - 50% of the total price.
After which we then see a period of range trading almost characteristically seeing higher lows again and again. We do not see higher highs. We then see another impulse wave up over 2-3 months, marked by a 30% increase (upside correction):
The price will likely spike, and then fall to lower lows as it did with the previous fractal, Where -60% puts us as $1600:
ملاحظة
If the fractal holds, over the next few weeks we could likely be seeing something like this:
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discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
منشورات ذات صلة
إخلاء المسؤولية
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Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.