ETH: Get Ready for the Final Rally (Elliott Wave 5)CRYPTOCAP:ETH is now in the 4th wave of a major uptrend. The next move is expected to be the final and powerful 5th wave.
What to watch for:
Wave 5 Target: Typically, the 5th wave is less dynamic than the 3rd, but it can still be a strong move. Look for it to be equal in length to Wave 1, or a Fi
Key data points
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Day's range
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About Ethereum
Ethereum — the world’s second-most famous blockchain network — is a platform for creating decentralized applications based on blockchain and smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It's the chain that birthed DeFi (decentralized finance) and started the NFT craze which saw billions of dollars pour into cryptocurrency. Safe to say, it's one of the big dogs.
ETHERIUM Obeying The Elliott Wave(Updates and corrections)This is an update and minor correction of a previous post(link below). As posted earlier, the analysis remains the same till Wave 4(Blue) is complete. After this we saw a 5 wave move marked in Green but this was too small to be our Wave 5(Blue) for the Major Wave. This in turn is our Wave 1(Black).
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According to the formed pattern, namely QM in the RTM style on the weekly block breaker, I expect an upward movement and a ceiling hunt and an ATH of Ethereum, and also in the ICT and liquidity styles, I expect a Fake BOS and a drop to the weekly blo
ETH Monthly RSI Approaches Cycle Top? Ethereum is showing strong momentum on the monthly timeframe, pushing toward levels not seen since its previous all-time highs. However, a critical technical indicator, the Monthly RSI is currently at 65 and steadily approaching its historically reliable sell zone between 83–85.
Key Observations:
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Displays a symbol's price movements over previous years to identify recurring trends.