$ETH 3D Chart: This Is a Bounce, Not a Bull Run !!!
📌This is a long-term (3 Day) chart, showing the bigger market structure
📌Based on Elliott Wave Theory:
👉 The 5-wave impulse is already completed
👉 Wave A is also done ✅
📌Right now, price is moving up for a B wave bounce 📈
📌Important thing to watch 👀
✔️ There is a strong resistance zone above
✔️ If price gets rejected below this resistance, the correction is NOT over ❌
📌If rejection happens:
👉 Price can move down for C wave 🔽
👉 Possible downside levels:
✔️ 2800
✔️ 2500
✔️ 2300
✔️ 2100
ETH
2,311.81
-0.98%