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AmazinRaisin
Aug 21, 2019 7:03 PM

Long Soon Long

Ether / United States DollarCoinbase

Description

A great long term buy opportunity is coming up. I think Ethereum is in a wave 2 WXY correction right now with the Y wave soon to be complete. As you should know wave 3 is usually the strongest impulse up in the 5 wave structure. Price will likely hit at least $500 I think. If you look on the Daily RSI, bullish divergence is starting to show up. Ethereum is at the end of a falling wedge pattern which is going to be testing the ascending triangle formation back in early 2019. This is the final drop to $155-$170 area before the continuation to the upside.

Ladder buy: $155-$170

Comment



It's in top of buy zone

Comment

Comment



Eth broke out of falling wedge. The next big area of resistance is the 21 weekly moving average. If the price can punch through that area and hold Eth will be going on a run past previous local high of $350
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