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IS ETHEREUM BULLS READY FOR 2019? SEE WHY
The ETHUSD completed ABC correction and bounced at $82.00 psychological level after the Major bullish impulsive 1-5 wave.
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Price has then reversed to start a new impulsive move which can be major wave "C" or "3".
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Currently, the price seems to have completed Minute Wave 2 corrective structure which unfolds as a regular flat pattern at a significant swing level and Fib ratio 50% - 61.8%, which could indicate the continuation of the uptrend if price manages to break above Minuete Wave (iv) of c black.
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Price has the potential to make a bullish bounce from this current level considering the Wave (v) of C is completed, and the main targets are the Fibonacci Extension levels 1.00 ($197) and 1.618 ($248).
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We will wait for the price to break above Minuete wave (iv) "black" to take advantage of the pending bullish move.
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Thanks for reading!
.
Price has then reversed to start a new impulsive move which can be major wave "C" or "3".
.
Currently, the price seems to have completed Minute Wave 2 corrective structure which unfolds as a regular flat pattern at a significant swing level and Fib ratio 50% - 61.8%, which could indicate the continuation of the uptrend if price manages to break above Minuete Wave (iv) of c black.
.
Price has the potential to make a bullish bounce from this current level considering the Wave (v) of C is completed, and the main targets are the Fibonacci Extension levels 1.00 ($197) and 1.618 ($248).
.
We will wait for the price to break above Minuete wave (iv) "black" to take advantage of the pending bullish move.
.
Thanks for reading!
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