Ethereum Expected Analysis Chart for Day 1📊 Chart component analysis
1. Fib Channel
The parallel diagonal bands (green/red) shown in the chart are Fibonacci channels.
Rising channel (green): an expansion path to follow if prices rise.
Down channel (red): expected turnaround/adjustment interval in the event of a fall.
In general, the centerline (0 to 1 section) acts as a key support/resistance, and the extension lines (1.618, 2.618…)…) is used as an extreme target.
2. Box area (horizontal stand box)
White/Gray Box = Key sales stand (supply/demand zone).
Displays the short-term adjustment interval or strong support/resistance interval expected by chart writers.
This box is usually interpreted as "the section where prices are likely to return".
3. Elliott Wave Structure (WXYXZ)
(W), (X), (Y), (Z) labels are visible.
This is not a simple 1-5 wave, but a complex adjustment wave (WXYXZ).
Interpretation:
Waves: First adjustment interval
X Wave: Rebound Section
Wave Y: Next Decline Adjustment
Z Wave: Possible further expansion adjustments
In other words, this analyst is simulating a composite pattern in which adjustments are repeated, not just straight rebounds.
4. Price Targets
Right red lines: Target at the drop (2,093 / 1,619 / 1,153 / 651 USD).
Right green lines: Target at rise (over 5,370 USD).
These lines are the target level based on the channel + Fibonacci expansion ratio.
📌 How to view from a professional perspective
Check your current location
ETH near $4,300 → rising channel break, near Fibonacci 0.618 to 1.0.
This means "neutral point", so both up and down possibilities are open.
Scenario A (rising)
Target to expand to → 6,000 to 7,000 at the top of the channel ($5,370).
In this case, the WXYXZ adjustment pattern is invalid.
Scenario B (adjusted/declined)
4,100 Collapse → Enter the block for sale, 3,115 (Major Support) Testable.
If the box is subsequently broken, 2,093 → 1,619 → 1,153 → 651 stepwise support is possible.
Trading Strategy Implications
LONG STRATEGY: Enter after confirming 4,100 retention → Target for liquidation above 5,370.
SHORT STRATEGY: Short term short → 3,115 / 2,093 split liquidation when confirming 4,100 collapse.
For mid- to long-term investors, the 3,100-2,000 section can be interpreted as a buying opportunity zone.
✅ Conclusion
This metric is not just a prediction, it is a tool for presenting composite scenarios.
Green Channel = Rise Path
Red channel = path down
Box = Key support/resistance interval
WXYXZ = Composite Adjustment Wave Scenario
In other words, the chart is a conditional visualization of "where to get a buy/sell advantage",
In actual trading, the key is to check which box the → price protects or breaks down before responding.
