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pato
Jul 18, 2017 10:06 PM

Ethereum bottomed out? Long

Ethereum / British PoundKraken

Description

Ethereum looks as though it may have found a bottom, and if that is the case, I foresee us climbing over the £600 mark. Ive included a rough prediction for how I think we could get there but it is still very early to confirm the 3rd wave move and everything after that, however, it is a reasonable scenario nonetheless.

Ive put up an alternative shorterm play below incase we continue with the current dip

Comments
imn745
like your work. don't you think we have to pass 280 before we can say we are moving upward?
pato
@imn745, thanks a lot. Well, yes. If you want more confirmation. but its important to note that if you get in early and you are right you (1) have more upside potential in your favour (2) can really manage risk and even build a longterm position buy adding on the dips. Also risk/reward is more optimal. so I try to catch turning points.
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