#ETH H4 HH (BOS) long update to 3900

Wait 5 sec.

#ETH H4 HH (BOS) long update to 3900ETHUSDT Perpetual ContractBYBIT:ETHUSDT.PchiefdanielsETHUSDT.P After a prolonged and structural decline according to wave theory, the price reversed on abc and updated its HH twice. The trend line that the price had been building through its short movement was broken on h4. I expect a retest at 0.618 on the Fibonacci level, confirmed by strong HVN and the trend line as support in this case. Based on the extended Fibonacci, I noted the first target of 3800-3900. If the price manages to hold at these levels, we can hope for a new long-term long scenario and an update of the record HH ETH.