Ethereum / TetherUS
Panjang

ETHEREUM - CORRECTION THEN LONG

209
We took this beautiful long and price printed a fresh ATH yesterday... took partial profits, rest of my position still running. Now what we can see is on the daily timeframe market has made a strong bullish impulse to the upside and broke above the previous daily high. After such a impulse we expect to see a correction, specifically we expect to see a correction to atleast the 0.382 fibonacci, in this case this fib is aligning perfectly with the previous high which gives us a nice confluence of support. I will be waiting on the 4hr timeframe for a correction to hit this zone then if all my entry rules are satisfied i will be adding a second position to ETHUSDT and compounding our trade.

Penafian

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