Technical analysis by pratamapahlevie about Symbol ETH on 5/11/2024

Forecast for ETH:The wave movement of ETH is very clear on the daily timeframe, with a zigzag correction wave countering the impulsive increase from $2200 to $4100.It's almost similar to BTC's impulsive increase being responded to with zigzag correction waves.Let's do something: the perfect dip area is $2400 on the first touch, but it's still susceptible to selling pressure forming a "swing failure pattern" or wick pressure, which will form several patterns from bull divs or IH&S.The last support dip is around $2111, because if a breakdown occurs with full volume in that area, it will lead to bearish momentum. But 90% of the time, this doesn't happen in the phase after halving.Safety waves in the market—don't become a liquid man ❤️