Post
$ETH
We will talk, God willing, about Ethereum.
1- The first image shows the first impulse wave of Ethereum and its complete correction.
2- The second image contains the first wave consisting of the main wave 3 of Ethereum, which clearly shows that its first sub-wave is within the main wave 3.
Wave 1 (Leading Diagonal) where the peak of wave 1 overlaps with the correction of wave 4.
I hear you, my friend, asking why wave 5 is truncated. If you look at the same image, you will find that wave 3 has extended by 261%, and the extension in 3 suggests the truncation of 5, and it is fundamentally complete internally in its five-wave formation according to the main law of waves.
3- So what comes next in the third image is the correction, which is of the type
(Running Flat)
Where wave B has created a value higher than the previous peak and a false breakout of 123%, which is a common ratio for corrections of the type
Regular Flat and Expanded Flat.
If you, my friend, could read five waves in the last decline of Ethereum, you have established the bottom of Ethereum and completed its correction. To increase the confirmation, this type of correction does not break the bottom A.
However, if you could not read five waves within the last correction, it is considered an expanded correction, and its correction levels reach 161% from AB to finish C around 550.
I believe that Ethereum has completed its correction because I can read the last five-wave formation, and we will maintain the bottom A, and it will not break, God willing.
Sorry for the long message.
Successful and happy trading.
#ETH
#تداول
#Market_Update
We will talk, God willing, about Ethereum.
1- The first image shows the first impulse wave of Ethereum and its complete correction.
2- The second image contains the first wave consisting of the main wave 3 of Ethereum, which clearly shows that its first sub-wave is within the main wave 3.
Wave 1 (Leading Diagonal) where the peak of wave 1 overlaps with the correction of wave 4.
I hear you, my friend, asking why wave 5 is truncated. If you look at the same image, you will find that wave 3 has extended by 261%, and the extension in 3 suggests the truncation of 5, and it is fundamentally complete internally in its five-wave formation according to the main law of waves.
3- So what comes next in the third image is the correction, which is of the type
(Running Flat)
Where wave B has created a value higher than the previous peak and a false breakout of 123%, which is a common ratio for corrections of the type
Regular Flat and Expanded Flat.
If you, my friend, could read five waves in the last decline of Ethereum, you have established the bottom of Ethereum and completed its correction. To increase the confirmation, this type of correction does not break the bottom A.
However, if you could not read five waves within the last correction, it is considered an expanded correction, and its correction levels reach 161% from AB to finish C around 550.
I believe that Ethereum has completed its correction because I can read the last five-wave formation, and we will maintain the bottom A, and it will not break, God willing.
Sorry for the long message.
Successful and happy trading.
#ETH
#تداول
#Market_Update
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
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