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28/08/2022

                    Ethereum is now trading in a corrective framework after it completed the impulsive wave 1 with five clear waves, which started from 880.01 and ended at 2030.87 to start the corrective wave 2 which targets 78% retracement of wave 1. The critical limit that ensures price trading above is 880.01.

Ethusd 2022 08 27 04 16 59

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Ethusd 2022 08 05 14 12 52

Bottom Line: Higher in wave (A) of ((B))

wave ((B)) is underway, currently ETH is developing wave A of it, we expect wave 5 of (A) to record near 1900

03/09/2022

It is now going higher to complete the wave B after completing the wave A at 880.03. The critical limit that supports the rise of the wave is 880.03.

Ethusd 2022 08 31 23 45 00

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Ethusd 2022 08 05 13 36 06As we mentioned in the monthly range, ETH is correcting in wave IV, The first side of wave IV ended at 880.03, We expect the price to rally in 3 waves in wave ((B)).

Ethusd 2022 08 05 13 17 34

Same to bitcoin, we expect eth to correct in wave IV, We expect the price to reach near the prior fourth wave of primary degree.

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