The Force is strong with this one! 💨

aaaand here they are! We are back above the $1000 Mark as the bulls break above $674. Wave 3 in Green extends without further corrections to reach the 300% Extension at $992. We think that wave iii in Orange is completed now, and the ongoing correction might extend towards the $850 area. If this is the case, we plan another long Trade in our yellow trading box. Ethereum should not break below the $845 to uphold the upside potential. Should Ethereum create another high above $1159 wave iv in Orange is already completed, this is our current alternative.