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!
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
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de 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
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.