Like a snake captivated by a snake charmer, Ethereum is sprawling upwards to the resistance at $3412. There is a 38% chance that Ethereum could be enthralled enough to cross this line immediately. However, we rather expect it to coil up in the orange zone between $2402 and $1861 to finish wave ii in magenta a bit deeper, before darting upwards above $3412 and higher still.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
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.