Elliott's Wave analysis at Ethereum ETH price
Today's wave analysis based on #ETHUSDT
The only open question, at least for us, is whether the A-B-C correction within the 4th wave has already been completed or not.
↗️ If it has, then buyers should not allow the price of
ETH to fall below $2925 and, accordingly, continue to grow according to the blue scenario.
↘️ If it hasn't ended yet, then market players are still waiting for an impulsive drop in the #ETHUSD price to the $2525 area. After that, the price may recover according to the white scenario.
Which scenario do you prefer, which do you believe in more?
The only open question, at least for us, is whether the A-B-C correction within the 4th wave has already been completed or not.
↗️ If it has, then buyers should not allow the price of
ETH to fall below $2925 and, accordingly, continue to grow according to the blue scenario.↘️ If it hasn't ended yet, then market players are still waiting for an impulsive drop in the #ETHUSD price to the $2525 area. After that, the price may recover according to the white scenario.
Which scenario do you prefer, which do you believe in more?
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