ETH: Ethereum is currently moving higher within a wedge structure, suggesting an overlapping and corrective advance. Such formations often resolve to the downside, which keeps the possibility of a (B)-wave pullback in focus that could introduce some weakness into April.
On a broader level, the entire move to the upside can still be interpreted as a larger B-wave. As long as the current structure continues to hold, further upside cannot be ruled out, even if the price action remains slow and lacks clear impulsive characteristics. In that case, a retest of the January highs remains possible.
It is important to note that B-waves are inherently corrective and do not follow a fixed path. They tend to be wide-ranging, overlapping, and can extend in multiple forms, which makes precise targeting difficult. The current structure therefore requires close monitoring, as confirmation for a completed move is not yet present and the overall roadmap remains flexible within the broader corrective context.
On a broader level, the entire move to the upside can still be interpreted as a larger B-wave. As long as the current structure continues to hold, further upside cannot be ruled out, even if the price action remains slow and lacks clear impulsive characteristics. In that case, a retest of the January highs remains possible.
It is important to note that B-waves are inherently corrective and do not follow a fixed path. They tend to be wide-ranging, overlapping, and can extend in multiple forms, which makes precise targeting difficult. The current structure therefore requires close monitoring, as confirmation for a completed move is not yet present and the overall roadmap remains flexible within the broader corrective context.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.