We're long towards 467.09. | 16 July 2018

Wave Analysis

After breaking above the trendline, acting as the resistance to the falling channel formation, Ethereum rallied higher but has now pulled back to the same trendline, as long as the price is contained above this trendline, we expect a possible rally to the upper side. We expect the rebound from this trendline to have marked an end to the corrective wave (b) that the current bullish price rally is the continuation of the impulsive wave (c) and should break above 467.09 towards 546.00.

Trade Recommendations.

We're long towards 467.09.

101% Double the volume

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.