ETHUSDT_Daily: UPDATE ANALYSIS
Ether is in a critical point!
Both two pink movements are possible for it, Be cautious :)
If we consider the July to Sep 2021 as a minor wave 1, building the 5th wave of Intermediate degree, it will be two possibilities :
1- The correction wave 2 is finished up to 38% of wave 1 movement.
2- The correction is still going on to 61.8% and we are in wave B of 2 in minor degree.
If we go to the first idea Ether is building its third minor wave of 5th wave in intermediate degree, So we can reach the targets easily.
Other wise Ether will continue the correction to 3,100 USDT or even 2,600 in the worst scenario.
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Trading idea:
Depending on your investment period,
if you are a long term investor and entered Ether previously then keep it, and if the price fall down buy more!
otherwise maybe you should weight for the traded volume at least to cross the avg vol or keep an eye on weekly candle close point
Enjoy your trade ;)
Both two pink movements are possible for it, Be cautious :)
If we consider the July to Sep 2021 as a minor wave 1, building the 5th wave of Intermediate degree, it will be two possibilities :
1- The correction wave 2 is finished up to 38% of wave 1 movement.
2- The correction is still going on to 61.8% and we are in wave B of 2 in minor degree.
If we go to the first idea Ether is building its third minor wave of 5th wave in intermediate degree, So we can reach the targets easily.
Other wise Ether will continue the correction to 3,100 USDT or even 2,600 in the worst scenario.
*********************************************************************************************************************************************************
Trading idea:
Depending on your investment period,
if you are a long term investor and entered Ether previously then keep it, and if the price fall down buy more!
otherwise maybe you should weight for the traded volume at least to cross the avg vol or keep an eye on weekly candle close point
Enjoy your trade ;)
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