Wave Analysis

Yesterday, Ethereum spiked upwards and is still pretty much bullish, both on the daily and the 4 hour charts. We still expect further movements to the upper side especially if the price can break above 736.27, if this is the case, then we'll expect a rally further to the upper side. The anticipated bullish price rally is the continuation of both the impulsive waves (v) and (c) and should break above 736.27 towards 984.30 or even higher to $1k. This pair can only be invalidated in case the price rebound from 736.27, this being the case, we'll expect a rally downwards.

Trade Recommendations:

Buy Ethereum above 736.27 towads 984.80