Ethereum in correction

BITFINEX:ETHUSD   Ethereum / Dolar
Ethereum is making a corrective wave 4, which may complete around $ 500.

Go long at that point, with target beyond the prior high. The 200 MAV at $ 540 is likely to offer support to the closing candles.

Stop below the S1 monthly pivot .

Risk reward 3 + ..... :)
do you think it's still going down?
salsapete armenhammer21
@armenhammer21, yes possible :) I like the idea of BLSH....
armenhammer21 salsapete
@salsapete, I was trying to compare with the candles on the 22nd. The price dips, recovers and then dips again. I feel like that's what it's doing right now before it drops again. And oh absolutely. I'm fairly new, and on the 22nd I kind of dropped the ball cuz I didn't really know what to expect of these drops. I wasn't really aware how quick the tables will turn once it does go low. I'd love to buy lower after I sold high before the first bearish flag formed. I also wanted to know how close your chart is to GDAX. It seems your exchange is $50 USD lower than mine.
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