Short term correction on ETHBTC market

23 May 2016

We are expecting a quick correction to the last bullish trend. The middle term trend is still bullish.
Caution is really recommended at the moment. The price must get back into the channel to confirm this movement and it would be invalidated if the ETHBTC price goes above the (iii) wave on 0.0341500

write us for any advice in depth and trading strategies.
BWT.

24 May 2016

İşlem aktif

Well price got into the channel we have seen a pullback to the top but we might still see another top channel testing resistance. That would be the 4th wave of c. Right now we are still on 3rd wave of c.

24 May 2016

İşlem kapandı: hedefe ulaştı

Close short position, and taking smal long position. Divergence in yellow mark the end of the c wave of the correction, and should be ended. If correction is not ended and it becomes in a complex correction will be seen depending on the internal stucture of the bull wave coming now.