Hey Everyone,
I was looking at some ICOs and ETH prices... wow super cheap... but also noticed a couple of patterns here so thought I would share my thoughts on the current situation I am seeing at the moment...
ETHUSD chart has 2 very clear patterns right now and could be either. I see this as the reason we may still be correcting. I noticed the pattern in BCH and this also applies to ETH, maybe we are still correcting from ATH in which case 2 clear price ranges are pictured on this chart depending on which pattern is the correct one.
If this is C wave from ATH - price is looking to head lower $308 target
If this is wave 2 correction and we recently had wave 1 - $464-421 Target range
And if this 2nd target range is where it lands, we are about to go into wave 3 which is the strongest wave :)
So for now... Safe and happy trading!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3