Crypto_Ed

$ETH heading to 550

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Crypto_Ed Uppdaterad   
BITFINEX:ETHUSD   Ethereum
In my previous series of ETH updates, I expected ETH to reach 300 and a bounce towards 280-270.
Next move up, I expected a target of 415 which wasn't reached, but from 280 to 394 was still a nice move.

I have made a new chart, which gave me some new insights and fresh look.

I'm expecting that present correction will retrace some more and once we reacht (4), we could make a massive ride towards (5) which is (for now) determined at 550!

Tradingadvice: wait for the further correction. Once we're closing in on (4) and the trendline, we can start watching the pricaction on a lower timeframe to catch a bullish candle.

I will update on lower timeframe.
Kommentera:
Current ABC correction on a lower timeframe
Kommentera:
Forgot to update here, but this was my chart yesterday.
It feels to me, we might visit the blue box a bit more


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