ETH LONG part 4! Soon back on track.
Updated
Hello.
We should look ahead of the curve and start to prep for the reversal on this correction. There are many good key levels to start a long, but because it's so uncertain how deep this will be able to correct, averaging in might be the winning option.
RSI support is closing in fast. MA are crossing bullish on all TF and trending up. All indicators point to a continuation up.
-B
We should look ahead of the curve and start to prep for the reversal on this correction. There are many good key levels to start a long, but because it's so uncertain how deep this will be able to correct, averaging in might be the winning option.
RSI support is closing in fast. MA are crossing bullish on all TF and trending up. All indicators point to a continuation up.
-B
Trade active
Seem to be 2 way this could go, one is that we see a breakout on this flag formation or we drop down all the way to 0.618. What speaks for the latter is that we are just recouping after a big fall and since we broke out of the falling wedge we could count this resent high as C wave and there for it would count as the first wave up. 2nd wave down usually comes down to 0.618 FIB before continuing up. Let's see, still smart to stack up while it drops as the general outlook on ETH is really bullish.
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