lucamodena

The ABC correction is over. Ichimoku confirmation.

Long
KRAKEN:ETHUSD   Ethereum
It looks like the ABC correction (orange zigzag) is over.

Ichimoku gives us a nice confirmaton. Tenkan Sen is crossing Kijun Sen (yellow circle). This is a strong bullish signal.
From here we can expect a retest of the Tenkan Sen ad then a strong move to the upside.

My long-term TP:

TP1 : 450$
TP2 : 710$

In the Related Ideas link you can find a short term price action scenario.


Gl & HF ;)

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