Buy Ethereum within 671.11-557.95 | 13 March 2018

Wave Analysis

During the previous trading, Ethereum pulled back to the lower side but still above the supportive zone 671.11-557.95, as long as this support is not violated to the lower side, we're patiently waiting for a clear sign that the corrective wave *(4) has ended for us to buy the next impulsive wave (5) with the first target at 1234.35 and the next at 1390.01. As long as we're above 671.11-557.95, we are only interested in long positions, however, should the price break below 557.95, then we'll be looking for short positions with an ultimate target at 242.47.

Trade Recommendations:

Buy Ethereum within 671.11-557.95 with your take profit at 1390.01

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.