We now have Elliott's correction waves, which we are on B correction wave.
According to the pitchfork , we are now on upper middle channel(channel 3- beginning of it) if we break channel three which have really power full resistance there( that level 3 pitchfork could be a power full trend line and exactly between level 3 and 4 that little box is power full Ichimuko resistance from Senkou B- which I decide not to use in chart It made it complex and hard to read) we will go 455$ and you should sell 50% of your profit there when we break that line you should be conscious and alerted to check if ETH could go higher and reach 510 $ and then 530$.
Be sure you have placed stop-loss( I use 5% but you can have 7-10% if you can afford it risks...)
RSI is going to cross and have good lvl for a sunny bullish day.
guys be patient and intelligent.
According to the pitchfork , we are now on upper middle channel(channel 3- beginning of it) if we break channel three which have really power full resistance there( that level 3 pitchfork could be a power full trend line and exactly between level 3 and 4 that little box is power full Ichimuko resistance from Senkou B- which I decide not to use in chart It made it complex and hard to read) we will go 455$ and you should sell 50% of your profit there when we break that line you should be conscious and alerted to check if ETH could go higher and reach 510 $ and then 530$.
Be sure you have placed stop-loss( I use 5% but you can have 7-10% if you can afford it risks...)
RSI is going to cross and have good lvl for a sunny bullish day.
guys be patient and intelligent.
Trade active:
Some says its possible to say 350-360 $ , yes that's right but the present trend wont change just Wave B come lower with SL 340$.
Trade closed: stop reached:
unfortunately, stop loss reached...…..