Flat temporarily | 27 March 2018

Wave Analysis:

Just in a single day, Ethereum has lost almost 200% the value it gained last week. This is a bearish dominance situation and as long as the price remains below 575.35, we expect a possible momentum to the lower side. At the moment, we're waiting for a break below the weekly support 440.96 to confirm a possible bearish rally, but should not go beyond the end of the first impulsive wave (1), 299.52, where we'll be looking to buy the last impulsive wave (5) to the upper side and should break above 1368.90 towards 1500.00.

Trade Recommendations:

Flat temporarily but waiting for a clear buy signal.