ETHBTC Long (but first wait for correction to be over)

There might be an excellent opportunity on ETCBTC to enter long for a very impulsive wave 3 on the daily timeframe.

I'm expecting an AB=CD correction which also perfectly match previous support + psychological level.

Entry: 10.1
Stop: below 10
Target:`TBD

Kommentar:

A channel is shaping up. I see 2 scenarios:
1- A top breakout in the next 1-2 days
2- A continuation of the current correction down to 10.1

Trade ist aktiv

Kommentar:

Time to add on pullback

Kommentar:

Kommentar:

Tremendous profit so far with this trade and we're not over yet.

It seems that ETH is in consolidation mode. However, a buy signal just got triggered (triangle top breakout) which could lead to the next major move up.