Hi traders, Ethereum is en route to breaking the previous lower high structure and you need to realise that breaking the lower structure high wouldn't be a signal to buy because most of time when a market breaks a structure in the market it retraces before going in that direction and in this case i can see the market coming all the way down to the lows before we take off and the reason is because this is a 123 strategy as part of a trend and that's how the market behaves when it's in this phase so look for shorts between 290-320 when the market gets there.
Good luck traders
Good luck traders
Comment:
My last forecast on Ethereum, how many of you took the trade????