Ethereum breaks above the critical resistance line at $685, thus confirming wave 3 in green. This leaves us with further upside potential. In wave iii in Orange, we expect prices at around $850. After another short correction, we might see prices touching into the 4 digit area. We went long, as depicted in the chart. We plan further long trades after completing the correction of wave 4 in green. The current wave 3 in green might extend and reach prices at $8000. In this case, the target of wave 4 is pushed northwards.
Happy Trading!
Happy Trading!
