What is the supported thesis technically for the expected scenario on Ethereum:
- price finishing harmonic 5-th impulse wave model with extended 5-th wave
- The MACD indicator is at the low and probably will continue in red for a while
- Price will be supported by strong price action in levels over $2'840
- 17-20% powerful movement as A-B-C correction we can expect
If you have any questions related to this trading idea I will be happy to provide you with answers.