Here's How ETH goes to $3K: Elliot Wave
Aggiornato
Hi Traders, Investors and Speculators of Charts📈📉
Ethereum has recently started a new bullish cycle along with the rest of the markets, predominantly led by BTC as always.
When we take a look at ETH from an Elliot Wave Theory analysis, we see the start of a new 12345 Wave cycle. ETHUSDT is currently trading in Wave 2-3, generally know as the longest/biggest wave of all the waves during the upward price action phase.
There are a couple of theoretical points to consider when using the Elliot Wave theory and we take a deep dive into the theory and conclude the possible end point of Wave 2-3 at 3k.
From a Technical Indicator analysis, we see a BUY signal flash on the weekly timeframe with CryptoCheck START V3.5:
The weekly TF together with this indicator is usually a great way to confirm the bias f bullish price action.
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Ethereum has recently started a new bullish cycle along with the rest of the markets, predominantly led by BTC as always.
When we take a look at ETH from an Elliot Wave Theory analysis, we see the start of a new 12345 Wave cycle. ETHUSDT is currently trading in Wave 2-3, generally know as the longest/biggest wave of all the waves during the upward price action phase.
There are a couple of theoretical points to consider when using the Elliot Wave theory and we take a deep dive into the theory and conclude the possible end point of Wave 2-3 at 3k.
From a Technical Indicator analysis, we see a BUY signal flash on the weekly timeframe with CryptoCheck START V3.5:
The weekly TF together with this indicator is usually a great way to confirm the bias f bullish price action.
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Nota
ETH looks like the next near term target is $2300:
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Pubblicazioni correlate
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.