$ETH Bullish momentum buildingEthereum / TetherUSBINANCE:ETHUSDTSmartWedgeTraderETHUSDT ETH Elliott Wave outlook on the 1-hour timeframe Bullish momentum building 🚀 Current observations: Price has completed a larger-degree corrective structure (W-X-Y) following the prior impulsive decline, with the final leg Y forming a complex zigzag labeled (a)-(b)-(c). The chart now shows a clear impulsive advance developing, marked as waves 1–2–3–4–5, where wave 3 has shown strong extension and wave 4 is forming a shallow corrective pullback. Expectations: Wave 5 is in progress or about to accelerate, targeting the 0.618 extension of the prior advance around the 2,386 level 🎯, with potential to push toward 2,400–2,450 if momentum remains strong. This final wave 5 completes the larger bullish impulse, likely signaling the start of a significant recovery phase after the deep correction. 💡 The current structure suggests healthy alternation: wave 2 was deep and sharp, while wave 4 appears shallow and sideways — classic Elliott Wave behavior that supports further upside. 🐻 Invalidation scenario: A decisive break below the wave 4 low near 2,138.67 would question the bullish count and could reopen the door for deeper downside pressure. Stay focused on the odds — the structure currently favors buyers with a high-probability push higher in wave 5. “You don’t need to know what’s going to happen next to make money. You just need to know what the odds are in your favor.” #Ethereum #ETH #ETHUSDT #ElliottWave #Crypto #Binance #WaveAnalysis #SmartWedge #TradingView #BullishETH #Altseason 🚀