mongacoin

Is this the bottom for Ether?

Long
BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Ethereum

ABC done. 5 wave upwards should be next (3 of the 5)
3 is usually the longest wave.
Strong pick up of volume and long wicks indicate that liquidity of seller at this level is dry and there is not many short sellers at this level.

Waiting for a break above 215 for confirmation.
Note this is counter trend trade, thus bears have the advantage on this.
Comment: ABC on smaller time frame which should be part of 2.
Looking good so far confirmation would be break 215.

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