Crypto_Ed

ETHUSD next target $1.600

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Crypto_Ed Uppdaterad   
BITFINEX:ETHUSD   Ethereum
Haven't been posting here for quite some time, but lets do a new ETH chart ;-)

Price bounced yesterday in the blue box.... A week ago, had that box in my chart but never expected to get that low! At gives me confidence in the next path for ETH.
I'm expecting a 5 legs up towards that yellow trendline, a correction, followed by more upside which completes the bigger 3 legs up. Breaking the yellow trendline upwards is key for higher targets.

As you know from me: less is more ;-)
This chart is not directly a tradingadvice, perfect buy opportunity was yesterday when I shared this set up with our group members. Chart is more for myself to see if my expectations come out and to follow it here.
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Update: pattern changed slightly

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