ETHEREUM Consolidations, But Long Term Target Stands @ $1750. I will STRONGLY Emphasize the correction would take a while
We see wave 3 hitting between 261.8 and 361.8 extensions. Therefore we can assume a 5th wave can achieve between the next fib extension targets of 361.8 and 423.6.
We can see the impulse wave 3-4-5 and A-B-C possibly form a head and shoulder pattern. It is important to make note when C ends as an impulse can be attempted.
Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders
Please consider these videos:
Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
Lesson 3- Let's learn Moving Averages
Lesson 4- Let's Learn Relative Strength Index RSI with Advanced Strategy
Lesson 5 Let's Learn MACD and Histogram
Lesson 6 Let's Learn Margin Trading Long, Short, Leveraging
Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
Lesson 9 Let's Learn Fibonacci Extension Part 2
Lesson 10 Quick Intro to Analyzing Level 2
Lesson 11 Introduction to Laddering
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