TraderEye Market View: Ethereum is about to continue its upward trend

Friday, July 19, 2024

Ethereum is about to continue its upward trend - FollowUp

5 internal waves have been completed within a converging triangle according to Ralph Elliott's theory and we are almost ready for an upward breakout towards the continued strengthening of the ethereum price. We will wait patiently for the confirmation of the move, that is, for the breakout of the converging triangle upwards.

Attached is an hourly graph of the Ethereum price showing the pattern:

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