As I stated in my last ETH post we had a new Primary Trend forming. I suggested we retrace to the Primary Trendline before considering an entry point. A DOLLAR-COST-AVERAGING entry point. My previous post was taken down by TV for violation of their terms of the agreement. Please note that this analysis is correlated with time and price and only covers a 4-Hr window. As I clear up these issues with TV, my posts will be a bit shorter but clear and concise. Please note we did retrace to the .618 fib level which is a normal pullback for the next leg up. I would actually like to see us bounce off the new primary trendline and consider that area very serious for an entry-point.
Please leave a like and help me advance my work. I will work out the TV details and decide whether or not this is the right platform for me to post.
Best,
Biff