24/08/2026
ETH/USD — BEFORE & AFTER ANALYSIS
BEFORE:
ETH/USD was identified completing an A–B–C corrective structure, with Wave C reaching the projected completion zone around 2,356–2,365. From this area, a bullish continuation was projected toward 2,480.
AFTER:
Price respected the projected reversal area and delivered a strong bullish expansion. ETH/USD not only reached the projected 2,480 target, but extended further toward approximately 2,540–2,545, producing roughly 165+ points of upside movement from the initial projection area.
The subsequent price action developed into a strong impulsive advance, with Wave (3) extending significantly beyond the original target.
ANALYSIS OUTCOME:
The original Elliott Wave structure, reversal zone and bullish projection played out as anticipated. The initial target was achieved and subsequently exceeded by approximately 60+ points.
Analysed by: Chandiwila Mr-How Masango