In my previous series of ETH updates, I expected ETH to reach 300 and a bounce towards 280-270.
Next move up, I expected a target of 415 which wasn't reached, but from 280 to 394 was still a nice move.
I have made a new chart, which gave me some new insights and fresh look.
I'm expecting that present correction will retrace some more and once we reacht (4), we could make a massive ride towards (5) which is (for now) determined at 550!
Tradingadvice: wait for the further correction. Once we're closing in on (4) and the trendline, we can start watching the pricaction on a lower timeframe to catch a bullish candle.
I will update on lower timeframe.
Next move up, I expected a target of 415 which wasn't reached, but from 280 to 394 was still a nice move.
I have made a new chart, which gave me some new insights and fresh look.
I'm expecting that present correction will retrace some more and once we reacht (4), we could make a massive ride towards (5) which is (for now) determined at 550!
Tradingadvice: wait for the further correction. Once we're closing in on (4) and the trendline, we can start watching the pricaction on a lower timeframe to catch a bullish candle.
I will update on lower timeframe.
Comment:
Current ABC correction on a lower timeframe
Comment:
Forgot to update here, but this was my chart yesterday.
It feels to me, we might visit the blue box a bit more
It feels to me, we might visit the blue box a bit more
