Ethereum is in a bullish Primary Elliot Wave

By looking at the daily candlestick chart, we can draw a Primary Elliott Wave that begins at the interim low, near .035. This trend will likely culminate in a test of the ATH. Currently, at right around .04, it is an excellent buy. Place a stop at .038 to save yourself, in case of a breakdown - you never know with cryptos. A short-term profit target of .068 is reasonable for the swing traders.

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Still waiting for the impulse to begin. Great time to buy in to a long position. Keep your stops at .038

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Looks like the true buying climax has arrived, based on the high volume we see at this low resistance line. Buy, or Hold Long