Ethereum Analyze [Road map!!!🗺️(06/19/2023)]
Updated
Hi everyone👋(Reading time less than 2 minutes⏰).
Ethereum is moving as I expected in the previous roadmap.✅👇
![Ethereum Analyze [Road map!!!🗺️(04/10/2023)]](https://s3.tradingview.com/2/2rJLiEya_mid.png)
At the moment, Ethereum has been moving in a descending channel for about 2 months⏰.
The structure of the waves in the descending channel is Double Three Correction(WXY).
Ethereum is currently moving in wave Y, and I expect this wave to end at the bottom of the descending channel at around $1500.
I expect Ethereum to reach its minimum to the upper line of the descending channel after confirming the end of wave Y. However, the downward trend can continue up to the 🟢support zone($ 1,440-$ 1,350)🟢.
❗️Note❗️: Ethereum needs to break the 200-SMA downwards to confirm the wave count and especially the continuation of the downward trend of Ethereum.
Ethereum Analyze ( ETHUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Ethereum is moving as I expected in the previous roadmap.✅👇
At the moment, Ethereum has been moving in a descending channel for about 2 months⏰.
The structure of the waves in the descending channel is Double Three Correction(WXY).
Ethereum is currently moving in wave Y, and I expect this wave to end at the bottom of the descending channel at around $1500.
I expect Ethereum to reach its minimum to the upper line of the descending channel after confirming the end of wave Y. However, the downward trend can continue up to the 🟢support zone($ 1,440-$ 1,350)🟢.
❗️Note❗️: Ethereum needs to break the 200-SMA downwards to confirm the wave count and especially the continuation of the downward trend of Ethereum.
Ethereum Analyze ( ETHUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Note
What is your idea❗️❓Trade active
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