Ethereum (ETH): A Minor Correction Ensues

in #ethereum7 years ago

SUMMARY

From the short term perspective, an abcde sequence of a potential bull flag could be in progress. If there is a lower low, it could be incremental. The next zone of zupport is shown by the blue circle area.

If you see the longer term for Ethereum (ETH), a five wave impulse seems to have completed and now the red abc correction is like going to take its course. It could be another pattern or wave sequence, but likely to be retrace a minimum of 0.38 Fib zone.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Why I don't see other comments under this article? Looking for reason but have no idea, hmmm

Nice review! But Ethereum Classic is going high on may/june

don't andestand because steemit going down

Your tutorial is very helpful. Huge of support from you. Thank you @ haejin

To me it Looks like opposite of what you have mention, chart might indicate pass trend but to be on bull run ether has to innovate , speed , network congestion etc. The more people adopt ether network it slows down exponentially.😁

Read here more detailed TA for Ethereum with buy zones, support zones, stop loss zone and possible timeframe. https://steemit.com/eth/@linko-crypto/eth-ethereum-usd-09-may-2018-correction-in-progress

Thank you brothers. Always share update news I hope you always post these good quality. we are always with you.

Welcome to update cryptocurrency news
Thanks for sharing this blockchain

nice .....
Thank you very much. ..... to provide such entertainment ..
love you ....@haejin
love you ....@haejin

The value of EOS is likely to continue growing as we approach this launch. EOS is big, and will get even bigger after the launch. It is definitely a great project to be involved in right now.

I really respect this breakdown of cryptocurrencies, I have done a similar breakdown but from a slightly more humour based point of view, please feel free to read it, and laugh :-)

https://steemit.com/funny/@georgemason/the-number-1-reason-you-aren-t-getting-rich-from-bitcoin

Upvoted :-)