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ETH - Sharp and deep correction
Disclosure: I have a long position in ETH (long-term)
ETH has started a new wave count with wave 1 from 980. Wave 2 is a sharp and deep correction to 78% Fibo level. I think wave 2 is over (MACD should confirm this soon) and we will start wave 3.
The good news is that when wave 2 is sharp and deep normally wave 4 (correction of wave 3) is a short wave.
https://steemitimages.com/DQmSkK7jqBK6par2ooebDC4ay2vsVcJTTUgARzJkoK8cyhX/2018-03-09 à 17.23.06.png
Legal Disclaimer: I am not a financial advisor. This article is only meant for use as informative or entertainment purposes. It is not a recommendation to buy or sell anything.
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You got a 89.86% upvote from @dailyupvotes courtesy of @gailus!