ProficientForex

ETH: Diagonal pattern for the target of $ 800

Short
KRAKEN:ETHUSD   Ethereum
The 12-hour chart indicates, how to count waves, where the wave iii from sub-wave 3 has ended, to get the confirmation the price needs to pass the $ 1047 range. In case this level is crossed, the pattern will be confirmed, and again we can expect the targets of $ 800- $ 900 for this currency.
In the 240-minute chart, the Divergence is also quite evident.

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