Yesterday, we warned on twitter that ETH would correct but it seems that this correction could be over already. It kinda looks like a flat because we can count three seperate waves with C=A. However, this pattern can still turn out into a descending triangle (see example). Something that would result in a little more sideways action.
Eitherway we went long ETH at $ 136.22 with a stop at $ 133.90. Our minimum target is $ 146.10! Trade well!
STOP: $ 133.90 ENTRY: $ 136.22 TARGET: $ 146.10
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Nota
It turned out into a descending triangle. Let's go higher now!
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