Ethereum (ETHUSD) Should Find Buyers in 3, 7, or 11 Swing

Elliottwave_Forecast

Ethereum (ETHUSD) Should Find Buyers in 3, 7, or 11 Swing

December 19, 2023 By EWFHendra

Short Term Elliott Wave View in Ethereum (ETHUSD) shows that it has ended wave (3) at 2401.18. Pullback in wave (4) is currently in progress as a double three Elliott Wave structure. Down from wave 93), wave (a) ended at 2324.3 and wave (b) ended at 2374.78. Wave (c) lower ended at 2142.28 which completed wave ((w)). The crypto currency then corrected in wave ((x)) as a zigzag structure. Up from wave ((w)), wave (a) ended at 2257.38 and wave (b) ended at 2146.35. Wave (c) higher ended at 2331.34 which completed wave ((x)).

The crypto-currency then turned lower in wave ((y)). Down from wave ((x)), wave (a) ended at 2204.42 and wave (b) ended at 2255.08. Wave (c) lower ended at 2114.22 which completed wave ((y)) of W. Ethereum is now correcting cycle from 12.9.2023 high in wave X as a zigzag structure. Up from wave W, wave ((a)) is expected to end soon, then it should pullback in wave ((b)), followed by further upside in wave ((c)) of X. Then, as far as pivot at 2401.18 high remains intact, the crypto-currency has scope to see further downside in a larger double three in wave Y.

Ethereum (ETHUSD) 60 Minutes Elliott Wave Chart

Ethereum (ETHUSD) 60 Minutes Elliott Wave Chart

Ethereum (ETHUSD) Elliott Wave Video

Source:https://elliottwave-forecast.com/news/ethereum-ethusd-find-buyers-3-7-11-swing/

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Mathsoares10
2023-12-21
Mathsoares10
Great ariticle, would you like to share it?
Sonsonkok
2023-12-21
Sonsonkok
Great ariticle, would you like to share it?
Harves
2023-12-21
Harves
Great ariticle, would you like to share it?
Huatster
2023-12-21
Huatster
Great ariticle, would you like to share it?
LittleLiger
2023-12-21
LittleLiger
Great ariticle, would you like to share it?
KSR
2023-12-20
KSR
👍

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Pullback in wave (4) is currently in progress as a double three Elliott Wave structure. Down from wave 93), wave (a) ended at 2324.3 and wave (b) ended at 2374.78. Wave (c) lower ended at 2142.28 which completed wave ((w)). The crypto currency then corrected in wave ((x)) as a zigzag structure. Up from wave ((w)), wave (a) ended at 2257.38 and wave (b) ended at 2146.35. Wave (c) higher ended at 2331.34 which completed wave ((x)).</p>\n<p style=\"text-align: justify;\">The crypto-currency then turned lower in wave ((y)). Down from wave ((x)), wave (a) ended at 2204.42 and wave (b) ended at 2255.08. Wave (c) lower ended at 2114.22 which completed wave ((y)) of W. Ethereum is now correcting cycle from 12.9.2023 high in wave X as a zigzag structure. Up from wave W, wave ((a)) is expected to end soon, then it should pullback in wave ((b)), followed by further upside in wave ((c)) of X. Then, as far as pivot at 2401.18 high remains intact, the crypto-currency has scope to see further downside in a larger double three in wave Y.</p>\n<h2>Ethereum (ETHUSD) 60 Minutes Elliott Wave Chart</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/244de07df7f244bcac4e33a9fa423b37\" tg-width=\"1885\" tg-height=\"933\"><span>Ethereum (ETHUSD) 60 Minutes Elliott Wave Chart</span></p>\n<h2>Ethereum (ETHUSD) Elliott Wave Video</h2>\n<p></p>\n<video poster=\"https://community-static.tradeup.com/news/df81211b19a7ed090f318f5656e71aa6\" tg-width=\"1920\" tg-height=\"1080\" class=\"ql-video\" controls=\"true\" controlslist=\"nodownload\" playsinline=\"true\" webkit-playsinline=\"true\">\n <source src=\"https://1254107296.vod2.myqcloud.com/b741d586vodhk1254107296/cc0880003270835013291242779/b6aMfmLe9e0A.mp4\">\n</video>\n<p>Source:https://elliottwave-forecast.com/news/ethereum-ethusd-find-buyers-3-7-11-swing/</p></body></html>","htmlText":"<html><head></head><body><p></p>\n<h2>Ethereum (ETHUSD) Should Find Buyers in 3, 7, or 11 Swing</h2>\n<p>December 19, 2023 By EWFHendra</p>\n<p style=\"text-align: justify;\">Short Term Elliott Wave View in Ethereum (ETHUSD) shows that it has ended wave (3) at 2401.18. Pullback in wave (4) is currently in progress as a double three Elliott Wave structure. Down from wave 93), wave (a) ended at 2324.3 and wave (b) ended at 2374.78. Wave (c) lower ended at 2142.28 which completed wave ((w)). The crypto currency then corrected in wave ((x)) as a zigzag structure. Up from wave ((w)), wave (a) ended at 2257.38 and wave (b) ended at 2146.35. Wave (c) higher ended at 2331.34 which completed wave ((x)).</p>\n<p style=\"text-align: justify;\">The crypto-currency then turned lower in wave ((y)). Down from wave ((x)), wave (a) ended at 2204.42 and wave (b) ended at 2255.08. Wave (c) lower ended at 2114.22 which completed wave ((y)) of W. Ethereum is now correcting cycle from 12.9.2023 high in wave X as a zigzag structure. Up from wave W, wave ((a)) is expected to end soon, then it should pullback in wave ((b)), followed by further upside in wave ((c)) of X. Then, as far as pivot at 2401.18 high remains intact, the crypto-currency has scope to see further downside in a larger double three in wave Y.</p>\n<h2>Ethereum (ETHUSD) 60 Minutes Elliott Wave Chart</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/244de07df7f244bcac4e33a9fa423b37\" tg-width=\"1885\" tg-height=\"933\"><span>Ethereum (ETHUSD) 60 Minutes Elliott Wave Chart</span></p>\n<h2>Ethereum (ETHUSD) Elliott Wave Video</h2>\n<p></p>\n<video poster=\"https://community-static.tradeup.com/news/df81211b19a7ed090f318f5656e71aa6\" tg-width=\"1920\" tg-height=\"1080\" class=\"ql-video\" controls=\"true\" controlslist=\"nodownload\" playsinline=\"true\" webkit-playsinline=\"true\">\n <source src=\"https://1254107296.vod2.myqcloud.com/b741d586vodhk1254107296/cc0880003270835013291242779/b6aMfmLe9e0A.mp4\">\n</video>\n<p>Source:https://elliottwave-forecast.com/news/ethereum-ethusd-find-buyers-3-7-11-swing/</p></body></html>","text":"Ethereum (ETHUSD) Should Find Buyers in 3, 7, or 11 Swing December 19, 2023 By EWFHendra Short Term Elliott Wave View in Ethereum (ETHUSD) shows that it has ended wave (3) at 2401.18. Pullback in wave (4) is currently in progress as a double three Elliott Wave structure. Down from wave 93), wave (a) ended at 2324.3 and wave (b) ended at 2374.78. Wave (c) lower ended at 2142.28 which completed wave ((w)). The crypto currency then corrected in wave ((x)) as a zigzag structure. Up from wave ((w)), wave (a) ended at 2257.38 and wave (b) ended at 2146.35. Wave (c) higher ended at 2331.34 which completed wave ((x)). The crypto-currency then turned lower in wave ((y)). Down from wave ((x)), wave (a) ended at 2204.42 and wave (b) ended at 2255.08. Wave (c) lower ended at 2114.22 which completed wave ((y)) of W. Ethereum is now correcting cycle from 12.9.2023 high in wave X as a zigzag structure. Up from wave W, wave ((a)) is expected to end soon, then it should pullback in wave ((b)), followed by further upside in wave ((c)) of X. Then, as far as pivot at 2401.18 high remains intact, the crypto-currency has scope to see further downside in a larger double three in wave Y. Ethereum (ETHUSD) 60 Minutes Elliott Wave Chart Ethereum (ETHUSD) 60 Minutes Elliott Wave Chart Ethereum (ETHUSD) Elliott Wave Video 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