KRAKEN:ETHUSD   Ethereum
1
You'll see from my previous updates that ETH has pretty much followed my primary path but I've had to make some target refinements as we go. Many times it tried to throw me off but when you get into the impulsive wave of a correction (C) things usually clear up. So, I have refined my targets based on the fibs of the (i)-(ii) of C and iii should bottom around $8.28 and I have an order standing there. Wave (iv) should target $9.87 and I'll lighten there and finally I'll load up for the next degree 3 at just above $7. Stop is at $4.54. Just above $7 is right at the bottom of my original target box that never moved which is the .618 retrace. Great Confluence.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.