Ethereum wave iii of wave 3

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 ETH 4 hour chart


Analysis

As seen in the above chart, prices are moving in a positive formation with higher highs and higher lows. The bias remains positive as there is no discontinuation of the formation. Prices are expected to reach near to its previous high which is placed at $2100-$2200 levels.

From Waves perspective, prices are moving in either wave iii of wave 3 or still moving in wave ii of wave 3. In both the cases there will be an attempt by the crypto to reach towards $2100.

The summation is Ethereum can move towards $2100-$2200 over short term with positive bias.

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