BuyBitcoins

Ethereum May #14

Short
POLONIEX:ETHBTC   Ethereum / Bitcoin
6
Looks like the recent 5-wave is complete. From here, this can resume the longer downtrend, or one more wave up to 0.026. While another wave up is possible, the general "feel" is that the downtrend is resuming and the top is in place. All the good news are out, everyone who wanted to buy has already bought. Regardless, will re-evaluate at .0185 area.
A clear divergence can be seen, although I admit I am still new to it.
Confidence: 8.5/10.
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