$ETH **🚀 Ethereum's $10K Countdown: Elliott Wave Theory Say
OroCryptoTrends
Updated at: 11 hours ago
{"content":"$ETH **🚀 Ethereum's $10K Countdown: Elliott Wave Theory Says It's Coming! (Here's How to Ride It)**
Buckle up, ETH traders! Ethereum isn’t just pumping – it’s following a **classic Elliott Wave pattern** that could send it soaring to **$10,000** in this cycle. Let’s break down the waves, key levels, and how *you* can trade this like a pro.
### **🌊 Ethereum’s Elliott Wave Breakdown**
*(The roadmap to $10K)*
**📌 Macro View (2022-2025 Cycle)**
1. **Wave I:** 2022 breakout ($1K → $2K)
2. **Wave II:** 2022-23 bear market flush ($2K → $880)
3. **Wave III:** 2023-24 bull run ($880 → $4K)
4. **Wave IV:** 2024 consolidation ($4K → $3K)
5. **Wave V:** **NOW** – The final sprint (Target: **$10K**)
*(This mirrors Bitcoin’s 2017 parabolic wave!)*
### **🔍 Micro View (Current Action)**
- **Wave 1:** $2,615
- **Wave 2:** Pullback to $2,454
- **Wave 3:** Explosion to $2,739
- **Wave 4:** Double bottom at **$2,405** (critical hold!)
- **Wave 5:** **In progress** – Next stop $3,500+
### **🎯 Trading Strategy**
✅ **Buy Zones:**
- **$3,400-$3,500** (retest of breakout)
- **Above $2,405** (wave 4 support)
✅ **Targets:**
- Short-term: **$4,000**
- Cycle peak: **$10,000**
⛔ **Stop Loss:** Below **$2,405** (invalidates wave count)
### **💡 Pro Tips**
🔹 **Confirm with RSI/MACD:** Avoid overbought fakeouts
🔹 **Watch BTC correlation:** ETH needs Bitcoin stability
🔹 **Take profits gradually:** $10K is a *psychological* target – don’t be greedy!
### **⚠️ Risk Check**
- **Wave 5 could truncate:** Not all waves reach ideal targets
- **Black swan events:** Macro crashes can override technicals
- **Volume matters:** Low volume rallies = weak momentum
### **💬 Your Move…**
👉 **Already long ETH or waiting for a dip?**
👉 **Think $10K is realistic or hopium?**
**Drop your predictions below!** 👇
**#Ethereum #Trading #ElliotWave #trading **
#Write2Earn $ETH
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