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Wait for a break above 513.80 | 30 July 2018

30 July 2018, ETH

Wait for a break above 513.80

Wave Analysis:
So far, no significant move has been seen on this Crypto. Ethereum is still rallying somewhere around 460.04 and is not showing any signs of picking an upward momentum. We’re waiting for a clear break above 513.80 to confirm a possible rally to the upper side with an ultimate target at 623.05. If you’re not already in a long position, you should wait and buy Ethereum above 513.80 but have you first take profit at 623.05 and the next 754.23. At the moment, only a long position looks a bit ideal and can be recommended.
Trade Recommendations:
Wait for a break above 513.80

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Bob Stan
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