Wait | 14 March 2018

Wave Analysis:

During the previous trading day, Ethereum failed to make any movements to the upper side as previously forecasted and is still stalling around the daily support seen at 672.11. This is our buyers territory and as long as it is not violated to the lower side, we expect a possible perfect rebound from this level to buy this crypto with my target being 1390.01. Should the price get below 672.11, then we'll wait for a break below 557.95 to confirm further bearish momentum towards 242.47 or even lower. With that in mind, its good to wait for long positions while the price is above 672.11.

Trade Recommendations:

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