🚨 ETH LOOKS READY FOR A WAVE 4 RESET 🚨
Look at the chart:
$ETH is finishing the daily Wave 3 after a strong impulsive move higher
After that aggressive upside move, the next phase of the structure should be a Wave 4 correction
The first area I’m watching is $2,324, where the 0.236 Fib sits
If buyers defend it, ETH could bounce toward $2,784-$2,966 before the deeper correction unfolds
If that support fails, the bigger Wave 4 zone sits around $2,112-$2,222, with the $2,100 area becoming the deeper target
The shape of this correction matters too
Wave 2 was extremely aggressive, so Wave 4 should favor a much flatter and slower consolidation
Only a daily close below $2,050 would invalidate the setup
I'll warn you!
Be sure to follow me no to miss on updates!
$ETH
Look at the chart:
$ETH is finishing the daily Wave 3 after a strong impulsive move higher
After that aggressive upside move, the next phase of the structure should be a Wave 4 correction
The first area I’m watching is $2,324, where the 0.236 Fib sits
If buyers defend it, ETH could bounce toward $2,784-$2,966 before the deeper correction unfolds
If that support fails, the bigger Wave 4 zone sits around $2,112-$2,222, with the $2,100 area becoming the deeper target
The shape of this correction matters too
Wave 2 was extremely aggressive, so Wave 4 should favor a much flatter and slower consolidation
Only a daily close below $2,050 would invalidate the setup
I'll warn you!
Be sure to follow me no to miss on updates!
$ETH
