This chart appears to be an Ethereum (ETH) price analysis with Elliott Wave Theory applied. It presents two possible scenarios:
1. Bullish Scenario (Green Path):
A potential upward move toward ~$3,000.
After a pullback, a continuation towards ~$4,000+.
2. Bearish Scenario (Red Path):
A rise toward ~$3,000, but failing to break resistance.
A sharp decline below current levels, possibly toward ~$1,200.
Would you like help interpreting this further or discussing potential trading strategies?
1. Bullish Scenario (Green Path):
A potential upward move toward ~$3,000.
After a pullback, a continuation towards ~$4,000+.
2. Bearish Scenario (Red Path):
A rise toward ~$3,000, but failing to break resistance.
A sharp decline below current levels, possibly toward ~$1,200.
Would you like help interpreting this further or discussing potential trading strategies?
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