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Ethereum’s Elliott Wave Count Looks Bullish

From fxempire.com

n my previous update, see here, I reviewed the shorter-term Elliott Wave Principle (EWP)-count for Ethereum (ETH) and was “… tracking the potential for five smaller waves higher … since the late June low.” I found that “It requires ETH to hold above $1280 and then breakout over $1700, which is the initial symmetry upside target, as I showed in my recent premium member update. That allows ETH’s price to target $2000-2200, completing these five waves and adding additional weight to the evidence the cryptocurrency has bottomed for the long-term and is ideally on its way to $10K+ or, at a minimum, working on a ... (full story)

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  • Category: Technical Analysis