ETH/EUR – Wave Analysis & Projections
ETH/EUR Wave Count is suggesting that further up-side would be possible after the current Retracements would be finalized.
All this could be followed by a deep Retracement before the up-trend would resume and commence a much bigger rally.
Caution! Divergence visible, therefore a surprize fall could occur in which case another ATH would be invalidated.
ETH/EUR Verdict:
Short-term – Bullish
Medium-term – Bearish
Long-term – Bullish
Levels in Focus by order:
– 800
– 1200
– 500
– 2500
* Levels are to be treated as guidelines.
Daily Chart (picture):
Daily Interactive Chart:
1 Comments
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Richard
All targets reached! Even by order!
ETH/EUR is approaching significant Fibs and could bounce, however, it it still Bearish and could show 300 Levels before it would reach new ATH.