#eth
#Ethereum🇺🇸 vs. US Dollar 🇺🇸 Follow the expected path of the digital currency within the 4-hour time frame
Correction is the master of the situation🔀
⬅️Based on our previous expectations, the pair retreated in a downward movement representing the sub-waves of wave (A), and the price has already reached 50% as shown in the chart. This decline represents part of the corrective movement after the previous downward trend.
⬅️The price is currently expected to witness an upward corrective movement in the sub-waves of wave (X)/(B), as these waves can reach 80% of the length of the previous wave. The 3880.02 level is usually monitored as a potential turning point, and if the price reaches it ideally, this is a strong signal of a possible trend reversal.
⬅️Therefore, the price should be followed carefully to check for any signs of trend reversal. In case the downward wave continues, we may have a new downtrend through the sub-waves of wave (C)/(Y).
If that happens, further decline towards 2881.82 levels can be expected