Elliott waves crypto analysis – Rebuy Ethereum around 708.32


Wave Analysis

Perfectly as we forecasted last Thursday, Ethereum barely touched the lower supportive trendline and is currently heading to the upper side. Most important, the price went above a key hourly level 709.12. This is a very good buy place and while the price is above it, we’e waiting for a pullback to the same level to pick a long term long position with an ultimate target at 834.00. If you’re not long already, then its good to wait for this pullback the buy at the least risk, however, if you’re already into a long position, then leave this position open towards 834.00.

Trade Recommendations:

Rebuy Ethereum around 708.32 towards 834.00

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