VincePrince

Ethereum, More Evidence For Continuational-Developments!

BYBIT:ETHUSD   None
Hi,

Welcome to this analysis about Ethereum, we are looking at the 2-hour timeframe perspectives. As I already suggested in the former analysis Ethereum has built this structure in which it has this triangle and wave-count with further breakout potentials. Now I detected an additional formation on the 2-hour timeframe perspective which is this main triangle-formation with the coherent wave-count within and the wave C forming now. When Ethereum manages to build up further in this formation as it is marked in my chart to finally emerge with the breakout above the upper-boundary this will be the sufficient setup for the further continuations and wave-C-extension to test the upper remaining resistances as it is shown, it will be an interesting development ahead.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Trading effectively is about assessing possibilities, not certainties."

Information provided is only educational and should not be used to take action in the market.

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