I have redrawn the last failed 1st-3rd waves into the whole first wave of new possible trend.
The conservative LONG target is 5.04$
But it may probably go higher. (or even higher - see ETP CUP!)
ETP is speculated to be the solid coin second next to NEO as the Chinese Ethereum , but yet undervalued.
So this coin under 10$ for 2017 is cheap pick.
My drawing could be wrong as any other drawing. But it gives me some possible target for trading, yet better than blind/hope trading.
Good luck with your trading.
PS. I draw graph for fun only !!!!!
Adjusted pink line a little bit.. it is heading to 0.382 fibo area. (Zoomed)
The pink line is now a short term resistance, it should be easily breaking by tomorrow.
I think ETP is awaiting next hype T_T