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sebastian.seliga.7

Ethereum #ETHUSD - correction completed, time for a rally?

Long
Ethereum (BITFINEX:ETHUSD)  
sebastian.seliga.7 Updated   
BITFINEX:ETHUSD   Ethereum
Wave Analysis Elliott Wave Ethereum (Cryptocurrency) ETH ETHUSD elliottwaveprojection elliottwaveretracement elliottwavecorrection Cryptocurrency
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waveanalysis elliottwaves ethereum eth ethusd elliottwaveprojection elliottwaveretracement elliottwavecorrection cryptocurrency
After the completion of five growth waves at the level of $ 840, the price of ETHUSD fell below 61% Fibo and set a new local minimum at $ 492. The correction is ZygZak's character and this is a typical correction for the second wave. Nevertheless, the market is still below the local downward trend line and only a break above this line and above the resistance level of $ 615 would open the way to a potential attack on the summit.
Comment:
Time to test the key techcnial resistnace at $615.
Comment:

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