ETHEREUM / Same correction than the past one? by ThinkingAntsOk
Our central view on Cryptos has been Long since the breakout of all the daily structures in Bitcoin / Ethereum / Ripple.
Main items we can see on the Daily Chart:
a)Price made a massive long movement towards the next resistance zone as expected (take a look to link to related ideas)
b)Currently, in the resistance zone, we can see that in the past, a similar scenario happened. Motive wave + correction on current levels.
c)We will be waiting for the same correction before new trades. Our target will be the previous Higher High
d)The correction we are expecting will probably be between the Support ant the Resistance you can see in the chart.
e)We are waiting for similar movements on Bitcoin.
Main items we can see on the Daily Chart:
a)Price made a massive long movement towards the next resistance zone as expected (take a look to link to related ideas)
b)Currently, in the resistance zone, we can see that in the past, a similar scenario happened. Motive wave + correction on current levels.
c)We will be waiting for the same correction before new trades. Our target will be the previous Higher High
d)The correction we are expecting will probably be between the Support ant the Resistance you can see in the chart.
e)We are waiting for similar movements on Bitcoin.
