ETH –
Wave Analysis
During the previous week, the impulsive wave (v) rallied intesnly to the lowerside but could not go below the 4 hour support level 467.69-460.35. As long as the price remain above this zone, we expect a rally upwards but should not go above the upper trendline. While, as long as the price remains within the falling channel, we expect a possible rally to the lowerside. You could eirther wait for a sell upon a rebound from the upper trendline, or on a breakout below 469.17. In either case, your take profit should be somewhere around 300.00.
Trade Recommendations:
Sell Ethereum below 467.09 towards 300.00
101% Double the volume
!Attention!
All bonus participates in drawdown!
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