Look for a long position now towards 1390.01 | 02 March 2018

Wave Analysis:

Still nos significant move has been seen on this crypto since the previous day's forecast. We expected a possible decline in price towards 672.11-557.95 to buy the impulsive wave (5) to the upper, but from the look of the current chart set, ETH could thrush upwards without correcting itself in the near future. If this is the case, then we'll be looking for clear buy continuation candles, which means we recommend looking for a low risk long positions with our targets set at 1235.90 and the next target at 1390.01. If the last target is broken, then we expect further momentum towards 1500.00.

Trade Recomendation

Look for a long position now towards 1390.01