Ethereum (ETHUSD) Forecasting The Rally Following Corrective Pullback

ETHUSD ended cycle from June 22, 2021 ($1700) low at September 3, 2021 (4025) peak and started pulling back. Rally from June 22, 2021 low was in 5 waves and hence we expected the pull back to hold above June 22, 2021 low for extension higher.

ETHUSD ended cycle from June 22, 2021 ($1700) low at September 3, 2021 (4025) peak and started pulling back. Rally from June 22, 2021 low was in 5 waves and hence we expected the pull back to hold above June 22, 2021 low for extension higher. We told members that pull back was a buying opportunity for at least 1 more leg higher and ideally for a break to new all time high. Let's take a look at some charts below to see how we forecasted the rally following the correction.

ETHUSD September 19, 2021 4 Hour Elliott Wave Update

ETHUSD 19 September 4 Hour Elliott Wave AnalysisETHUSD September 22, 2021 4 Hour Elliott Wave Update

ETHUSD 22 September 4 Hour Elliott Wave Analysis

Ethereum October 10, 2021 4 Hour Elliott Wave Update

 

ETHUSD 10 October 4 Hour Elliott Wave Analysis

Ethereum October 31, 2021 4 Hour Elliott Wave Analysis

ETHUSD 31 October 4 Hour Elliott Wave Analysis

Source: https://elliottwave-forecast.com/forex/ethereum-ethusd-forecasting-rally-following-corrective-pullback/

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