salsapete

Ethereum Wave Update

Long
BITFINEX:ETHUSD   Ethereum
Ethereum may make a small retracement towards the monthly R1 pivot at $ 548 and complete a potential minor wave 4. This may be a good entry point .

The target is a 2.618 extension to $1213, for the completion of a minor wave 5.

The point of invalidation is below the monthly pivot at $ 408.

Risk Reward is 5.
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