Ethereum/Tether

Elliott's Wave analysis at Ethereum ETH price

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Today's wave analysis based on #ETHUSDT

The only open question, at least for us, is whether the A-B-C correction within the 4th wave has already been completed or not.

↗️ If it has, then buyers should not allow the price of ETH to fall below $2925 and, accordingly, continue to grow according to the blue scenario.

↘️ If it hasn't ended yet, then market players are still waiting for an impulsive drop in the #ETHUSD price to the $2525 area. After that, the price may recover according to the white scenario.

Which scenario do you prefer, which do you believe in more?

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