Short term correction on ETHBTC market
Updated
We are expecting a quick correction to the last bullish trend. The middle term trend is still bullish.
Caution is really recommended at the moment. The price must get back into the channel to confirm this movement and it would be invalidated if the
ETHBTC price goes above the (iii) wave on 0.0341500
write us for any advice in depth and trading strategies.
BWT.
Caution is really recommended at the moment. The price must get back into the channel to confirm this movement and it would be invalidated if the
ETHBTC price goes above the (iii) wave on 0.0341500write us for any advice in depth and trading strategies.
BWT.
Trade active
Well price got into the channel we have seen a pullback to the top but we might still see another top channel testing resistance. That would be the 4th wave of c. Right now we are still on 3rd wave of c.Trade closed: target reached
Close short position, and taking smal long position. Divergence in yellow mark the end of the c wave of the correction, and should be ended. If correction is not ended and it becomes in a complex correction will be seen depending on the internal stucture of the bull wave coming now. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.