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Best Way to Trade the Dip in Ethereum

Oleh quantguy
Ethereum had a nice correction. It looks like it is definitely in the corrective impulse of the 5-3 Elliott Wave. If momentum does not pick up, we might hit $954. If that does not hold we will definitely have support at $860. After that, we should get a nice burst of momentum back to highs, or one of the Fibonacci levels in between, $1030, $1105, or $1211. The Kovach OBV is still pretty strong on ETH, so watch for momentum to pick up soon.
altcoinsBitcoin (Cryptocurrency)cryptosETHEthereum (Cryptocurrency)ghostsquawkTechnical IndicatorskovachTrend AnalysisWave Analysis
quantguy
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