OneManTrading

ETH Climbing More Or Correcting A Bit Soon?

BITSTAMP:ETHUSD   Ethereum
ETH has had another great run up towards 1000. It may hit 1000 soon or it may correct. We appear to be in wave 5 which can go higher but it seems to be weakening to me. When it does decide to correct (if soon) the next supports could be around 822 or even 717 if deeper.

As I said, more can squeezed out of this. The RSI could go up more a bit. Now watch it go to 1200. All good. I am selling out for now and met my goals. Good luck!
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