In my previous series of ETH updates, I expected ETH to reach 300 and a bounce towards 280-270. Next move up, I expected a target of 415 which wasn't reached, but from 280 to 394 was still a nice move.
I have made a new chart, which gave me some new insights and fresh look.
I'm expecting that present correction will retrace some more and once we reacht (4), we could make a massive ride towards (5) which is (for now) determined at 550!
Tradingadvice: wait for the further correction. Once we're closing in on (4) and the trendline, we can start watching the pricaction on a lower timeframe to catch a bullish candle.
I will update on lower timeframe.
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Current ABC correction on a lower timeframe
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Forgot to update here, but this was my chart yesterday. It feels to me, we might visit the blue box a bit more
@jarsonintlrecords, yeah I'm trying to learn day trading. I have no fun with hodling.
oknirok
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@uknowsam, You'll likely lose money man. I'd just keep it in a few currencies and hold. Trust me, I speak from experience. I made A LOT of money, then lost it all. If I would've just kept it in one currency, I'd have a shitload more than I currently do and would've lost a lot less sleep.