Archive by author: Kittiampon SamboonsodReturn
In this technical analysis, Kittiampon Somboonsod analyzes the Ethereum (ETH) price using Elliott Wave charts. The 4-hour chart indicates a potential confirmation of the end of the blue wave (2) through a breakout above the top parallel channel or above the level of 1905.41. On the daily chart, the analysis suggests a possible decline in the blue wave (2), with a retracement of wave ((2)) typically at .50 or .618 x the length of wave ((1)). However, a rise in the blue wave (3) could present an o...
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In this Ethereum (ETH) price prediction and technical analysis, Kittiampon Somboonsod presents Elliott Wave charts for the 4-hour and daily timeframes. Ethereum has shown resilience by recovering strongly from the 1620.15 support level, forming a robust five-wave structure. This indicates the potential for a new uptrend in Ethereum. However, the price is currently undergoing a correction in wave (2). Traders are advised to wait for the completion of wave (2) reversal before rejoining the bullish...
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This Ethereum (ETH) technical analysis by Kittiampon Somboonsod focuses on Elliott Wave charts for the 4-hour and daily timeframes. After recovering from the 1620.15 level, Ethereum has formed a robust five-wave structure, indicating the potential for a new uptrend. However, the price is currently undergoing a correction in wave (2). Traders are advised to wait for the completion of the wave (2) reversal before rejoining the trend. This analysis provides insights for those interested in Ethereum...
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In Kittiampon Somboonsod's Elliott Wave charts for Ethereum (ETH), the cryptocurrency showed a promising recovery from the 1620.15 level. It successfully formed a robust five-wave structure, indicating the potential for a new uptrend. However, the price is currently undergoing a correction in wave (2). Traders are advised to wait for the completion of the wave (2) reversal before rejoining the trend. This technical analysis provides insights into Ethereum's price prediction, ETHUSD, and ...
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Using Elliott Wave analysis, Kittiampon Somboonsod predicts that Ethereum's current Wave((2)) is expected to conclude near the 1620.15 level. This reversal is anticipated to lead to a rebound through the MA200 and potentially initiate a new uptrend for Ethereum. These predictions provide insights into the technical analysis of Ethereum and are relevant for individuals interested in Ethereum, ETHUSD, and cryptocurrency price predictions, as well as those looking for Elliott Wave analysis and ...
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According to Kittiampon Somboonsod's Elliott Wave charts on the 4-hour and daily timeframes, Ethereum (ETH) continues to experience a downtrend. The current correction in wave ((2)) has resulted in the price falling below the MA200 line, indicating the persistence of the downtrend. However, there are indications that the decline may be approaching its conclusion. As the price of Ethereum approaches the 50% or 61.8% Fibonacci retracement levels of wave ((1)), which also serve as the retrac...
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