Technical analysis by Kucuker_Grafik about Symbol ETH: Buy recommendation (12/20/2024)

Today, I am sharing an analysis on TradingView for the first time! 🎉Elliott Wave Theory is a very powerful tool for understanding market behavior. This analysis provides a comprehensive perspective on both short-term and long-term expectations. According to the current formation, we are currently forming a "four out of four" wave. According to my estimate, after the correction at $ 3099, I predict that the price may see the $ 5900 level in the 5th wave with an increase of approximately 89%. 🔍 Details and Comments Technical analysis is based on current wave formations. Possible resistance and support levels have been meticulously determined. I am monitoring the possibilities of this scenario by paying attention to risk management. More detailed charts will come at the bottom of this post.