Ethereum resumes its recovery [Video]

Hello Crypto traders! Ethereum with ticker ETHUSD is moving nicely as expected since last update we shared with our members on June 13.

It made a very nice five-wave impulse into wave A, meaning that bulls are here and likely to take the coin even higher if we consider the drop from 2900 to 2440 is in three waves (A)(B)(C) that belongs to wave B correction.

We can see a strong and impulsive rebound from projected 2100 support area, which means that wave C can be now in full progress. After recent projected bullish setup formation with waves (1) and (2), we can now see it in a bullish resumption within wave (3) of a new five-wave bullish impulse, so we can expect more gains towards 3k area.

---

Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here.