Ethereum, How A Main Channel-Breakout Can Emerge Upcoming Times!

Hi,

Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspective. We managed to execute some really great trades in the channel in the last times with Ethereum as volatility increased. Now as I discovered it finalized the ABC-wave-count and moved on to test the upper boundary of the ascending-channel from where further pullbacks are likely, when Ethereum then manages to stabilize further in the confirmational-bounce-cluster marked in blue and bounces from there this can lead to an upside breakout above the upper-boundary, when Ethereum manages to show up with such a price-action this will be the origin of the wave-C-extension to the upside as marked in my chart.

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.