ETH/USD
As of now, nothing about the upper targets has changed. The pullback just came down more aggressively than anticipated. It has filled in perfectly for a 4th wave.
There is a chance that we see one more push to the downside (illustrated in yellow). But after finding support at the 1:1, the likelihood for a bounce from these levels is much higher. A correction is invalidated on a break below $330.
There is a chance that we see one more push to the downside (illustrated in yellow). But after finding support at the 1:1, the likelihood for a bounce from these levels is much higher. A correction is invalidated on a break below $330.
Note
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.