Ethereum

Is ETH on its last leg of an extended Wave 3 climb?

470
NOT FINANCIAL ADVICE

With the SuperCycle starting all the way from Dec 2018, we see a beautiful ETH 3 waves movement over the years.

Considering that we have yet to see any proper Wave 4 pullbacks, this also plays into the hands of a potentially sumptuous Wave 5 (15k???), on the Supercycle!

But focusing back onto this Wave 3 underway, a quick fib extension check reveals that price action have already fulfilled target price range when it crossed the 3.3k region.

ETH is now in price discovery territory as it continues to find its way within unknown territory.

Fortunately, the Bulls seem to have gotten a good, strong handle on this one.

Price momentum and trend is bullish, and it doesn't seem to be fading anytime soon.

Expect more bullish action, especially as BTC continues to consolidate.

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.