Ethereum to Bitcoin (ETH/BTC) Wave Analysis According to the Attached Elliott Chart 📈✨:
🔹 Currently in Wave 3 (Number 3️⃣):
Usually the strongest and longest wave in the upward trend 💪🚀.
🔹 Price in Correction Wave 4:
Correction expected in A-B-C waves 📉🟢 (Sub-waves in green lines).
🔹 Correction Areas (Important Support):
Located between Fibonacci levels 0.382 (0.03259) and 0.5 (0.03208) 📊🟡 — An important area to regain momentum towards the upward Wave 5 ⬆️🔥.
🔹 Invalidation Area for the Upward Trend:
At 0.03126❌, if the price drops below this level, it indicates weakness in upward momentum ⚠️📉.
🔹 Major Support (Yellow Area):
Between 0.02900 and 0.03016 🟨 — Very strong support and could be a pivot point if the price drops to this area 🛡️🙏.
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✨ Expected Scenario: Continued correction in Wave 4 then a strong launch for Wave 5 upwards, God willing 🚀💥.
