Crypto prices may be in for another big crash, with billions wiped out over the past 12 months. Ethereum, the second biggest by volume completed impulse waves 1 and 3 as well as corrective waves 2 and possibly 4.
If wave 5 comes with the same energy as waves 1 and 3, price could almost definitely drop below 1,000 with the projection as low as $280
A possible rejection of $1,600 may provide a good entry to short towards $1,300 mid-term target. While $280 may seem an extreme, we are in the middle of a crash affecting all major crypto currencies, with Ethereum losing 50% since January 2022 and almost 70% from its November 21 all time highs at $4,841
If wave 5 comes with the same energy as waves 1 and 3, price could almost definitely drop below 1,000 with the projection as low as $280
A possible rejection of $1,600 may provide a good entry to short towards $1,300 mid-term target. While $280 may seem an extreme, we are in the middle of a crash affecting all major crypto currencies, with Ethereum losing 50% since January 2022 and almost 70% from its November 21 all time highs at $4,841
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.