My expectations for ETH
ETH continues to follow a predictable wave structure. The current picture indicates strong potential for upward movement, but it all depends on the reaction in key zones.
What I see:
1. The buying zone is marked between $2800–$3300. This is the key range where the price may correct before a new impulse of growth.
2. The ATH of 2021 at $4868 is an important resistance level that could become a starting point for further growth.
3. The target selling zone (SELL ZONE) is located in the range of $6000–$11000, with an average target around $8000.
My plan:
Buying: In the case of a retest of the $2800–$3300 zone, this is an excellent entry point for long-term holding.
Selling: Taking profit in the SELL ZONE, targeting an average level of $8000, but upon reaching $6000 I will start to partially exit.
The main thing is to remember that the market can bring surprises, so I keep the plan flexible. I expect the completion of the fifth wave with maximum growth in the designated zone.