ETH/BTC Still To Complete Correction Before Move Up?.

Waiting for ETH to break the 4h trend line for a small move up then back down to complete the higher degree wave.

Will look to take a small long followed by short from the 0.0236 level down towards 0.0124.

I will wait to see how structure develops once the wave completes before taking buying at the bottom.

Comment:

ETH still in down consolidation, still not buying until I see a confirmed breakout.

Trade active:

Price confirmed breakout and is now in an impulse.Stops below low of the move.

Comment:

Price moving as expected, lets see what it does at the 0.023 level.