What up trader's ! So here is a short term analysis on Ethereum. I was wrong on my last analysis in thinking we were entering a wave 3.
We almost hit my target of $259 and had you guys followed my long position from $211 you would have made some $$. However, we got slaughtered
if you did not set your stop losses. As you all know by now, we ended a wave 4 or perhaps a B wave and saw the vicious sell off down to $89 bucks. Now, is this the new bottom? I think that there is a great chance that we dip down one more time to the $104 area or lower and hopefully go up from there in the short term. Remember, this is just an idea and not trading advice. Best of luck trader's!!
Comment:
Looking back, I was never wrong about wave 3. Eth hit 2k. Holy shiiit