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Benimen
Aug 26, 2018 5:42 AM

E-Wave says 'This ETH decline is nearly done' Long

Ether / United States DollarCoinbase

Description

Likely less than a month left and potentially only 2 minor lows to go.

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Scattering buys below $210 here to catch what will likely be the end-game for this decline.
Sentiment is so sour here and seems to finally be diverging from reality. Value players who got it at the top, or on the way upwards, are staying to see the market cap as a bargain.
So timewise, at most it chops downwards/sideways over the next week. At a minimum it does one more blip below $211 today or tomorrow and that's it.

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Took more longs here at $190.50.

Comment

All signs point to that $165'ish being the low. Hard stop right there though.
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