ETHEREUM - Higher Timeframe Overview
2weekly chart of Ethereum
We can see that we're currently in wave 3, subwave 4. Subwave 4 is looking like a WXY correction. Currently in wave X and expecting one more drop for wave Y.
We're anticipating wave 4 to be finish above the blue structure, which is our wave 4 invalidation level.
Trade Idea:
- On lower timeframe, watch for an ABC completion for wave X
- Once C wave is complete (of wave X), look for a trendline break or BOS to confirm bearish momentum
- enter with stops above wave X
- Target: 900, 650, taper position thereafter
Goodluck and as always, trade safe!
We can see that we're currently in wave 3, subwave 4. Subwave 4 is looking like a WXY correction. Currently in wave X and expecting one more drop for wave Y.
We're anticipating wave 4 to be finish above the blue structure, which is our wave 4 invalidation level.
Trade Idea:
- On lower timeframe, watch for an ABC completion for wave X
- Once C wave is complete (of wave X), look for a trendline break or BOS to confirm bearish momentum
- enter with stops above wave X
- Target: 900, 650, taper position thereafter
Goodluck and as always, trade safe!
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.