Saturday, December 25, 2021

ETHUSD Sunday Notes

ETHUSD to continue its correction down to min 3,009 with most probable target zone to finish this correction down is 1,863<>1,633.
On the upper side, any break above previous high @ 4,864.90 will open targets to min. 5,720 to 6,810.

It seems that ETH same as BTC has also finished Cycle wave I @ 4864.90 high and it's in a larger correction Cycle wave II. If true most probable target of the Cycle wave II is 1,863<>1,633.

On possible continuation up in Cycle wave III after the correction (Cycle wave II), min target zone will be from  9,700 to 14,570.
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