Ethereum is on the rise again after a correction on the 14th. A solid bounce of the centreline of the pitchfork means that the long opportunity is huge. Buying anytime between now and 370 is a great opportunity, as the correction wave and resistance trendline converge at 400. Buyers might shift focus from Litecoin and Bitcoin to this unit, making the rise over 5% daily, which will allow TP to be adjusted as well.
TP:395, with extensions to 450 and even 500 are possible. Follow me for updates!
SL:340
Great reward, low risk (if that's even possible for cryptocurrencies).
TP:395, with extensions to 450 and even 500 are possible. Follow me for updates!
SL:340
Great reward, low risk (if that's even possible for cryptocurrencies).
Trade active:
The C waveline was well underway, but bulls are a bit cautious at the moment. Lots of strong support at the pitchfork centre, so I am not too worried. Breaking below the centreline would be cause for concern however.
Trade closed: stop reached:
Closed the trade. Very disappointing day, she is falling to 320 maybe.