kimothokamau

Short term target for ETH is $290

Long
kimothokamau Updated   
BITSTAMP:ETHUSD   Ethereum
- I closed my previous ETH long at $270
- Longing again from $272 and targeting to exit at $290. My stop is at $267 below the major recent support
- This analysis is based on Elliot Waves and Fibonacci relationships, i think we are in wave 5 which is suppose to be equal to wave 1
Trade active:
I've been moving my stoploss the higher we go, current stop loss is at $284 and price is at $287. I borrow this concept called 'Evolving R' from the legendary trader @cryptocred , follow him on twitter and medium

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