ETH on a bullish way to leave everything behind.
Based on Elliott-Waves and Fib-Theory this could be a possible scenario for ETH. This scenario is also backed by a fundamental theory: If BTC discussions about the Fork will go on, ETH is a solid alternative for people who dont want to speculate with a BT-C and BT-U coin.
To get maximum profit you should wait for the end of the actual correction phase (A,B,C).
But there need to be a solid buy signal at C - otherwise we will see ETH falling...
To get maximum profit you should wait for the end of the actual correction phase (A,B,C).
But there need to be a solid buy signal at C - otherwise we will see ETH falling...
Trade closed: target reached
Target reached - took a little bit longer than expected. I am going to prepare a new chart in some days.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.