Hello friends,
Everything was clear on the chart.
ETH has succesfully make new ATH recently. As you seen previuosly, after make All Time High ETH entered a correction phase.
This movement looks very neat, which is where ETH is completing its correction towards the strong support at 3840 - 3940.
Overall the movement of ETH still looks very bullish, you can see the next price peak is at the 5000$ level
Summary :
1. Weekly TimeFrame break Cup and Handle Pattern
2. ETH is in a correction phase based on elliot wave analysis after make new ATH recently.
3. Pitchfork clearly perfect
4. Support ini 3870 - 3940 it means you can buy in this range price level.
5. Next target in 5000 - 5200
I'll update later if there's change or break the structure
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
Everything was clear on the chart.
ETH has succesfully make new ATH recently. As you seen previuosly, after make All Time High ETH entered a correction phase.
This movement looks very neat, which is where ETH is completing its correction towards the strong support at 3840 - 3940.
Overall the movement of ETH still looks very bullish, you can see the next price peak is at the 5000$ level
Summary :
1. Weekly TimeFrame break Cup and Handle Pattern
2. ETH is in a correction phase based on elliot wave analysis after make new ATH recently.
3. Pitchfork clearly perfect
4. Support ini 3870 - 3940 it means you can buy in this range price level.
5. Next target in 5000 - 5200
I'll update later if there's change or break the structure
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。