Best Ethereum Trading Ideas

Ethereum has met its relative high, and is finding resistance there. This looks like an extended fifth wave in the 5-3 Elliott Wave. Watch for it to retrace a bit then break out further. The target is still $1261, a Fibonacci Extension. We are currently just shy of that at $1163, which has proven to be another technical level. The Kovach OBV is strong but has leveled off a bit. The momentum in general is still very strong here so any dip can be considered a buying opportunity.