From TradingView · · 40s
ETHFI Bearish Wave Analysis
ETHFI shows bearish wave pattern with target in two weeks.
In brief
ETHFI shows bearish wave pattern with target in two weeks. ETHFI's wave analysis predicts a bearish trend with a target price to be reached within two weeks if the recent high holds. Originally reported by TradingView.
Wave Analysis - ETHFI (4H)
The chart shows a large wave B structure known as a running triangle with bearish signals.
Bearish Target in Two Weeks
Large wave c has not started but the target price is expected to be reached within two weeks if the recent high holds.
Invalidation Level
The recent high holds as the invalidation level for this wave analysis setup.
In short
ETHFI's wave analysis predicts a bearish trend with a target price to be reached within two weeks if the recent high holds.
