@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
32.21
Analysis
1956
Correct
630
Fail
1288
Pending
38
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
ETHUSDT
Long Entry
2,921.5100
2026-01-23
09:57 UTC
Target
3,283.0000
Fail
2,900.0000
In 4 Hours
Risk/Reward
1 : 17
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Final PnL
-0.74%
P/L: —
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The analysis interprets the Ethereum chart (ETHUSDT) using Elliott Wave theory, discussing an ABC correction structure. The speaker presents an alternative interpretation where the current price action is part of a larger A-wave, followed by a potential B-wave that targets a resistance area between $3,189 and $3,283. This resistance is identified as the potential completion of a 'yellow circle Wave 2', indicating a corrective bounce. Following this corrective B-wave to the resistance, the chart suggests a subsequent bearish move in a larger C-wave. The presenter emphasizes that the resistance area around $3,189 to $3,283 remains a significant level, irrespective of minor wave count variations, primarily affecting microstructures.
