ETH is trading at 2600, right now.
ETHUSDT has been decreasing from ATH with four waves. So the fourth wave has done?
In my opinion, I think it's been happening with complex wave ABC. But it can be the impulse wave with the second wave which has done at 2500.
*** We have the invalidation level at 3920 ***
The fifth wave of target is 1580 with 1.382 Fib of third wave. (Case 1)
The impulse wave might be go up to 5000. (Case 2)
ETHUSDT has been decreasing from ATH with four waves. So the fourth wave has done? In my opinion, I think it's been happening with complex wave ABC. But it can be the impulse wave with the second wave which has done at 2500.
*** We have the invalidation level at 3920 ***
The fifth wave of target is 1580 with 1.382 Fib of third wave. (Case 1)
The impulse wave might be go up to 5000. (Case 2)
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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.