Ethereum is trading 0.14% higher on Monday as the other majors have an off day. The ETH/USD pair is following the Elliott Wave patterns pretty well at the moment. ETH/USD 60-Minute Chart Below is the 60-minute chart for ETH/USD and it seems it’s falling in line with the Fibs. As you can see from the formation of the black lines the wave formation looks like it falls into the Eliott Wave sequence. That would be a 5 wave pattern which follows the laws of Fibonacci. Even the wave pattern on the retracement has a nice 5 wave pattern. We have a nice Elliott Wave explainer if you would like more information on how it works (click here). For the pattern to confirm to the upside a break of 263.85 will be needed, so now this is the level to watch. Additional Levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/USD Price Analysis: Pound under pressure near session lows, challenges 1.3000 figure FX Street 2 years Ethereum is trading 0.14% higher on Monday as the other majors have an off day. The ETH/USD pair is following the Elliott Wave patterns pretty well at the moment. ETH/USD 60-Minute Chart Below is the 60-minute chart for ETH/USD and it seems it's falling in line with the Fibs. As you can see from the formation of the black lines the wave formation looks like it falls into the Eliott Wave sequence. That would be a 5 wave pattern which follows the laws of Fibonacci. Even the wave pattern on the retracement has a nice 5 wave pattern. We have… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
