MohsenCapital

ETH ROCKET UPDATE .6 (CORRECTION PHASE)

Short
BITFINEX:ETHUSD   Ethereum
Traders,

Here we have ETHUSD on the D chart.

Kindly check related ideas for this pair here below:

Main:
Update.1:

Update.2

Update.3

Update:4

Every update I have posted says that we must have a neckline broken and begin a short and correction phase after recovering and the bullish trend confirmed and moved to a good levels in green candles but any pair have a bus stop to correct its way and have a back for a second rally for bull buyers, So here we have a correction with a broken line leads us to 590$ directly to recharge its own way again and touching with retest the 0.236 Fib level and stay there for a day or two to know if we have the way back or leading us to the 500$ again to launch a good rally again and that was my humble vision to reach 500$ but 800$ was away back to 500$ but its on bearish market hands now.

Regards,
Mohsen
Trade closed: target reached

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