ETHEREUM - TODAY - MARKET UPDATE - 11/15/2019

ETH slipped beneath 180.71, dismissing the wave (Y) triangle, and the decline is likely to continue toward the highlighted target area.

Potential downside targets lie at 173.46, 170.76 and 163.67.

That area includes where wave will retrace 61.8% of the wave advance.

A zigzag unfolding for wave (Y) is expected to at least test the 173.86 lowm to complete wave ****

A breach of 189.31 will give us reason to consider alternate wave scenarios and the possibility that wave

Keep you updated as this price evolves.

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Comment:

Until ETH can break above 189.31 as evidence for a completed correction, we'll have to allow for further possible lows.

Trade closed: stop reached

Order cancelled