Denial is powerful. People do not easily believe that they might lose a substantial portion of their investment in $ETH that candles and waves are forecasting for some time. There are signs that the wave down that started on November 10 would be more powerful than the one in April. We need one more week to confirm this hypothesis. So far, the ducks are aligned and today’s hard stop at $4439 was just another sign.
Have a look at the channel on the chart below. It just cannot be more precise.
This daily overview contains:
– daily and weekly candle charts and analysis;
– hourly EW chart and mid-term projection;
– forecast for the next 1-2 weeks – targets and timing.
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