tradecave

ETHUSD Back at it

Long
BITSTAMP:ETHUSD   Ethereum
As anyone knows who may follow me or sees my posts, i like wave patterns, using the theory, in my opinion is the best and most consistent way to trade, and across all market. So with that being said, my analysis concludes that we’ll hit wave 5 at around 2580-90 we’ll see a retracement down to 2520-30 area, then we’ll go back up to complete the sequence and come back down, mind you this 5 wave move and retracement will be the first and second waves in a larger cycle. I’ll be keeping up with it as we move along, so keep an eye out when we get close to these certain zones. Good luck everyone!

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