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Nickonomics
Aug 16, 2017 11:49 AM

Ethereum (ETHUSD): Ether Is Set To Complete 5-Wave Structure Long

Ethereum / U. S. DollarKraken

Description

My previous call was to buy ETHUSD at $198. It was profitable indeed:
Currently I'm expecting more buying to complete a 5-wave impulse. Price has broken above the pitchfork, which indicates buyers' strength.

If a candle closes below $283, correction will be more complex. Uptrend will still be intact.

Trade closed: target reached

Price hit the target.
Comments
view_trade
@Nickonomics Your target is $324? What is your prediction afterwards? Thanks!
Nickonomics
@view_trade, We will have to wait and see. The correction is looming.
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