thomas58700

ETHUSD 150% ABC Wave, hope you got the buy zone

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BITFINEX:ETHUSD   イーサリアム/米ドル
Update to my last post on ETH, hope you got the buy zone, I was too busy with bitcoin scalping and missed my own analysis as usual haha. Still lots of time to get in, looking at an ABC pattern. 150% seems like a lot, but when you check higher time frames you see how low the price of ETH is currently. It hasn't had a big run as of yet, into 2020 we might see some action.

Pay attention to the pink diagonal, could have a bounce there, that would be where I'd take short term profit in a leveraged position.

Happy trading!
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