@morecryptoonline

YouTube

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If You Had Traded on This Analysis…
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ETHUSDT
Short Entry 3,030.4800 2025-12-06 10:01 UTC
Target 2,258.0000 Fail 3,747.0000
Risk/Reward 1 : 1
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ETHUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The presenter gives an update on Ethereum. On a daily timeframe, it's possible that circle wave 4 is complete, but not necessarily today (it was yesterday depending on timezone). It is possible that wave 4 topped and we are now in a fifth wave to the downside. That fifth wave should take us to around 2258. We might not quite get there. The presenter mentioned to talking about microstructures once we have really further confirmation that wave 4 has topped. A quick reminder the fifth wave to the downside is an ABC structure. If we see a little bit more downside momentum, it might represent the A wave of the fifth wave, then we could get a B wave bounce, and a C wave down. That is exactly how the presenter have labeled it on the smaller timeframe as well.
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