Elliott waves crypto analysis – We’re long towards 607.55

ETH –

Wave Analysis

During the previous trading day, the impulsive wave (c) rallied significantly to the upper side and even went above 467.09. As long as the price remains above this level, we expect a possible extension of the the corrective three wave cycle to the upper side and should break above 548.70. If you’re not already in a long position, you could wait for a slight pullback to the lowerside, then buy the last impulsive wave (c) to the upper side with an ultimate target at 607.55. We may only consider a sell position should the price break below 460.35.

Trade Recommendations:

We’re long towards 607.55

101% Double the volume

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