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

Note

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 active

Note

Time to add on pullback

Note

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.

jbourgault

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