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.
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.
Trade active:
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.
Trade closed: target reached:
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.
