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Crypto_Joe1
Dec 28, 2018 1:46 PM

ETH Long Long

Description

So, we see a 4 grand waves, with their subwaves I've highlighted on top of the candles. Below I've highlighted the grandwaves with their respective retracements.

We're currently in a descending wedge which is slowly entering the golden fib zone for the entire impulse move upwards from $80.

$108-112 is where I will be longing with a stop loss at $104, targeting $130,135,142, giving me a RR of around 3:1.

It may be possible to see a final wave taking us to that blue box at around $175, but this is dependent on BTC, and also with the stock market which has been undergoing serious correction in the last few days in particular.
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