Last update // Scenario is still active
Ethereum continues to rise and broke the intermediate high at 2989 USD. The $ 2989 is the equivalent of the $ 42300 and was the key level for wave B. The current target for ETH is still the $ 3372 level, whereby the B wave could extend even further towards the $ 4000. But if the market can break 3812, the probability for a direct breakout above 4373 increases (so that wave (2) in yellow is already done). In my primary scenario I expect new lows in both Ethereum and Bitcoin after the B waves.
Ethereum continues to rise and broke the intermediate high at 2989 USD. The $ 2989 is the equivalent of the $ 42300 and was the key level for wave B. The current target for ETH is still the $ 3372 level, whereby the B wave could extend even further towards the $ 4000. But if the market can break 3812, the probability for a direct breakout above 4373 increases (so that wave (2) in yellow is already done). In my primary scenario I expect new lows in both Ethereum and Bitcoin after the B waves.
