CryptoHedging

ETH Possible Scenarios

Long
KRAKEN:ETHUSD   Ethereum
1. We can see a bullish flag forming up, if this breaks up we can go ahead with the subwave 3 and reaching the $16o price area.
2. The market can break the flag below and still hold the trendline we still go with the above.


3. If both break down (bull flag & trendline) we can see prices around $80 area followed with a period of consolidation -» still good prices for the long term view.


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