Elliott Wave Analysis Trading Lounge Daily Chart, 26 September 2022, Ethereum(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Mode: Corrective
Structure: Zigzag
Position: Wave ((C))
Direction Next higher Degrees: Impulse wave II
Details: Wave ((C)) maybe is complete, and the price may rise again Wave Cancel invalid Level: 1220
Ethereum(ETHUSD) Trading Strategy: Bull Market Efforts The price tends to trade above the 2031.39 level as MACD Histogram has a Bul ish divergence, and the price has an opportunity reversal, This could be an opportunity to open a long position.

Ethereum(ETHUSD) Technical Indicators: MACD and MACD Histogram has a bullish divergence, and the price has an opportunity reversal.

(Click on image to enlarge)

Elliott Wave Analysis Trading Lounge 4H Chart, 26 September 2022,
Ethereum(ETHUSD)
ETHUSD Elliott Wave Technical Analysis
Mode: Corrective
Structure: Zigzag
Position: Wave ((C))
Direction Next higher Degrees: Impulse wave II
Details: Wave ((C)) maybe is complete, and the price may rise again Wave Cancel invalid Level: 1220
Ethereum(ETHUSD) Trading Strategy: Bull Market Efforts The price tends to trade above the 2031.39 level as MACD and MACD Histogram has a Bul ish divergence, and the price has an opportunity reversal, This could be an opportunity to open a long position.

Ethereum(ETHUSD) Technical Indicators: MACD and MACD Histogram has a Bullish divergence, and the price has an opportunity reversal.

(Click on image to enlarge)

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