Remain short | 13 March 2018

Wave Analysis:

Instead of continuing short as previously forecasted, during the previous trading, we saw a correction of the impulsive wave (v) to the upper side but still below 10000.00. As long as we're below the 10,000.00 handle. we expect a possible bearish price rally. The anticipated bearish price rally is the continuation of the impulsive wave (v) to the lower side and may break below the short term support level 4666.02 towards 1000.00. At the moment, this crypto is pretty much bearish and only short positions can be recommended with an ultimate target at 1000.00.

Trade Recommendations:

Remain short with your target at 4666.02

The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.