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Ethereum Cycle Analysis Points to $6,140–$9,000 as Extended Wave Targets

Pelican Press

By Pelican Press,
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In our last update from five weeks ago, see here, when was trading at around $3820, we shared our primary Elliott Wave (EW) Principle view, where we expected a 3rd wave top (red Wave-iii) at ideally around $4535, the 161.8% extension, a drop to ~$3610 for red W-iv, the 100.0% extension, and a final rally to at least $5100, the 200.0% extension, while acknowledging that Fast forward…

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