Hey everybody.
Looked at impulse waves and what I see that we are in wave 4 right now looking at weekly. Although it's a tricky one!
Irregular ABC correction coming to play! As you can see we had same situation almost touching 1.236 and then changed direction rapidly. Usually 1.236 & 1 is profit taking zone.
My personal TP zone is 214 because of a weekly pivot. It aligns almost perfectly with inverted fib - 1. It can land anywhere between 214-228$, don't forget to take profits!
My monthly bias on 130$ Etherium doesn't change! This is for medium term only!
*** Keep in mind that only breaching 1.618 @252$ would invalidate this correction and price could take of
Trade safe and I hope you have great week ahead. This is not a financial advise!
xena.exchange/
Looked at impulse waves and what I see that we are in wave 4 right now looking at weekly. Although it's a tricky one!
Irregular ABC correction coming to play! As you can see we had same situation almost touching 1.236 and then changed direction rapidly. Usually 1.236 & 1 is profit taking zone.
My personal TP zone is 214 because of a weekly pivot. It aligns almost perfectly with inverted fib - 1. It can land anywhere between 214-228$, don't forget to take profits!
My monthly bias on 130$ Etherium doesn't change! This is for medium term only!
*** Keep in mind that only breaching 1.618 @252$ would invalidate this correction and price could take of
Trade safe and I hope you have great week ahead. This is not a financial advise!
xena.exchange/