Tuesday, July 2, 2024

Ethereum price correction target - FollowUp

 

Link to original review

Ethereum came close to the correction of a harmonic pattern of the bullish bat type but crossed the target with a quick flight and entered the reversal window between 0.886 and 1.13, which is the last chance in terms of this forecast for the goal of ending the correction. If this window does not stop the correction , a new analysis and identification of new patterns will be required.

Attached is an hourly chart of the Ethereum price showing the bat pattern and the end window of the descending correction course.



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