ETH –
Wave Analysis
Perfectly as previously forecasted, Ethereum continues to correct itself to the lower side but is still several points above a key level 460.84, as long as the price remains above this level we expect a possible momentum to the upper side. However, in the meantime, we’re waiting for a slight pullback to this level to pick a long position towards 583.80. The anticipated bullish price rally is the continuation of the impulsive wave (C) and may break above 583.80 but should not break above 745.90. If this target is broken, then we expect a possible momentum towards 1000.00.
Trade Recommendations:
Rebuy Ethereum around 460.84 towards 583.60
You may check other analytical reviews on FreshForex website. Source: freshforex.com.