Orlikon

ETH - Leading crypto recovery

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BITSTAMP:ETHUSD   Ethereum
ETH is performing better then other crypto, including BTC, and it has formed a clear 5 waves move to the upside.
I have slightly reviewed the count but the bullish bias remain intact if not yet more probable.

It seems that we have completed the impulse of wave 1. If you are bullish a next good buy area would be after coming out the retracement area 1200-1400.
Commentaire:
So far so good.
The move up seems to have completed and ETH has now started a correction that could resolve in an ABC.
If price holds the selected area and reacted to it we could finally have a recovery in crypto land
Commentaire:
ABC completed and ready for the move up or 12345 down to go?
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