ETHUSD Perpetual Contract

Ethereum, Decisive Channel-Formation, Upcoming Perspectives!

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Hi,

Welcome to this analysis about Ethereum, we are looking at the 45-minute timeframe perspectives. Ethereum recently somewhat managed to bounce after marking its lows since the bearish alignments, besides that now I discovered this main ascending-channel-formation established marked in my chart with the black boundaries and the coherent wave-count within the channel already completing waves A and B in the structure and now Ethereum is about to form the wave C that will finalize the whole wave-count however this wave C will move directly into the strong upper resistance-cluster marked in red where several resistances coming together and therefore likely to show an initial pullback, when this pullback then moves below the lower boundary Ethereum will move on with the further conclusions and testing of lower levels.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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