johngarland

ETHUSD Daily Wave 5 LONG

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BITMEX:ETHUSD   None
On a daily chart, Etherium appears to have completed a Wave 4 pullback. Momentum shifted from overbought to oversold and now momentum is shifting back to the upside. High volume of buying came in on 02/27 which we look to continue to propel higher. For a conservative entry, wait for a close above a 4-6 SMA on a Daily candle. Stop below the low at 236. Wave 5 target is 300-321

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