ETH (ETHEREUM) PRICE PREDICTION [September 2021] | Where To Next?
1 extracted signal · 0 resolved · 1 still active
Trading TutorIndependent analyst profile- Source published
- 13 Sept 2021, 02:21 UTC
- Recorded by Tahlil Plus
- 30 Sept 2026, 08:11 UTC
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AI-generated source summary
The analysis of ETHUSDT suggests a bearish outlook based on wave theory. The current price action is interpreted as the completion of a five-wave impulse move (labeled 1-5) followed by a three-wave corrective move (labeled A-B-C) that formed a flat pattern. The speaker identifies the start of the impulsive move from the March 2020 lows and the completion of the corrective wave (C) around the $1300 price level. Within the larger corrective structure (potentially a WXY pattern), the speaker identifies a potential ABCDE pattern within the 'C' wave of the larger correction. The immediate price action suggests a potential for further downside, targeting the $1300 level. The fail bound for this bearish outlook is set above $4000, which would invalidate the current bearish count and suggest a continuation of the broader uptrend. The primary tool used is Elliott Wave Theory, with supporting analysis from Fibonacci retracements, indicating key support levels at the 0.5 and 0.618 Fibonacci extensions.
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.