ETH Review, 1D
On the daily timeframe, the price moves in a corrective movement within the framework of the falling wedge. According to the wave analysis, the price draws the final diagonal triangle of the model 5-3-5-3-5, the target is going up beyond the upper limit. Now the price shows a good local growth + fixed at the level of $ 186. We believe that the purpose of this growth is $ 190, and the upper border of the channel passes there. We expect a continued downward movement to the level of 140 dollars where it will be possible to consider purchases. Cancellation of the scenario, we consider the output for $ 197.7
On the daily timeframe, the price moves in a corrective movement within the framework of the falling wedge. According to the wave analysis, the price draws the final diagonal triangle of the model 5-3-5-3-5, the target is going up beyond the upper limit. Now the price shows a good local growth + fixed at the level of $ 186. We believe that the purpose of this growth is $ 190, and the upper border of the channel passes there. We expect a continued downward movement to the level of 140 dollars where it will be possible to consider purchases. Cancellation of the scenario, we consider the output for $ 197.7