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KassandrA_dotcom

ABC correction ?

Short
Ethereum (BITFINEX:ETHUSD)  
KassandrA_dotcom Updated   
BITFINEX:ETHUSD   Ethereum
Trend Analysis Chart Patterns Wave Analysis
5
5
trendanalysis chartpattern waveanalysis
We could be at the wave B of the ABC correction, expect a strong support around 830$.
Corrections are healthy, market in long term is bullish.

Daily RSI is well overbought.
Same for MACD.
Bollingers bands show high volatility.
Comment:
I think we will be able to find a short term support around 1050/1000$.
850$ area remains possible in medium term.
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