Short Term ETH Day Trade

18 Oca 2018

According to my Elliott Wave count, ETH is in a reactionary wave (a correction within the correction). We are in a short term uptrend within the longer term downtrend. We have just completed 5 waves with a ending diagonal and will likely see a dip. If the prices dip, we could set some buys orders and ride to back to 1k.

Note: If ETH hits the target price before hitting the buy zone, this setup would be invalid. ETH has to hit the buy zone before hitting the target.

19 Oca 2018

İşlem kapandı: hedefe ulaştı

19 Oca 2018

Not

I think that price is likely to go up in the short term for now.

For long term investors hold tight, the price will likely dip below 800 in a few days/weeks.