Report

Ethereum (ETHUSD) Forecasting The Rally Following Corrective Pullback

 

 

ETHUSD ended cycle from June 22, 2021 ($1700) low at September 3, 2021 (4025) peak and started pulling back. Rally from June 22, 2021 low was in 5 waves and hence we expected the pull back to hold above June 22, 2021 low for extension higher. We told members that pull back was a buying opportunity for at least 1 more leg higher and ideally for a break to new all time high. Let’s take a look at some charts below to see how we forecasted the rally following the correction.

ETHUSD September 19, 2021 4 Hour Elliott Wave Update

 

ETHUSD September 22, 2021 4 Hour Elliott Wave Update

Ethereum October 10, 2021 4 Hour Elliott Wave Update

 

Ethereum October 31, 2021 4 Hour Elliott Wave Analysis

 Source:

#elliottwave #trading #ethereum 

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Elliott wave Forecast
Elliott wave Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions. 

Analysts
Eric Morera

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