Ethereum is preparing for the final crash! 2800 to 2700 is the most important zone you can watch because the price should bounce from it. This is exactly where you want to buy Ethereum for the long term or enter a high-leverage trade. I don't think the price will go lower, prices such as 2500 USD or 2000 USD is no longer realistic and possible. Why do I want to buy Ethereum in this zone?
First of all, we need to do an Elliott Wave technical analysis, which is the most important as it gives us a full map of previous price movements. From my perspective, the price is forming a triple-three corrective pattern (WXYXZ). This is a classic corrective pattern, and we are in the last wave Z. Usually, what you want to do is buy ETH slightly below the previous wave (Y) (liquidity sweep).
What's more, the price is inside this bullish flag / falling wedge pattern. This is another bullish sign for us to buy ETH below the previous wave (Y). Also, we have a long-term trendline from October 2023 with a total of 2 touches, so we also want to buy on the third touch of this upper sloping trendline.
This is a strong combo. We have a strong confluence to buy ETH between 2800 and 2700. Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
First of all, we need to do an Elliott Wave technical analysis, which is the most important as it gives us a full map of previous price movements. From my perspective, the price is forming a triple-three corrective pattern (WXYXZ). This is a classic corrective pattern, and we are in the last wave Z. Usually, what you want to do is buy ETH slightly below the previous wave (Y) (liquidity sweep).
What's more, the price is inside this bullish flag / falling wedge pattern. This is another bullish sign for us to buy ETH below the previous wave (Y). Also, we have a long-term trendline from October 2023 with a total of 2 touches, so we also want to buy on the third touch of this upper sloping trendline.
This is a strong combo. We have a strong confluence to buy ETH between 2800 and 2700. Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Note
Triple three pattern (inside bullish flag).Note
Make sure you have your limit order set to buy ETH!Note
ETH is crashing. It's almost time to buy!Transaction en cours
Buy zone HitNote
ETH looks stronger on a lower timeframe than BTC. This is a sign that ETH may perform much better in Q3/Q4 2024.Note
ETH is forming a head and shoulders pattern:Note
Strong bounce from my Buy zone! Enjoy the ride!Note
Ethereum is very bullish on the 1h chart, expecting a continuation of the uptrend.Note
The uptrend is 100% valid, keep holding. No reasons to sell.Note
ETH respects the parallel channel, expecting a huge uptrend soon!
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💡Join my VIP group (signals, my trades)
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✅Trade crypto here, all countries, get VIP3 and 30% fees discount, no KYC
bitunix.com/register?vipCode=xanrox
✅Trade gold and forex here
vtm.pro/IN3yiy
xanrox.org/premium
✅Trade crypto here, all countries, get VIP3 and 30% fees discount, no KYC
bitunix.com/register?vipCode=xanrox
✅Trade gold and forex here
vtm.pro/IN3yiy
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.