empty
 
 
03.04.2019 08:00 AM
Elliott Wave analysis of Ethereum for 03/04/2019

Technical market overview:

The ETH/USD pair has hit the lower boundary of the technical resistance zone located between the levels of 173.50 - 175.82 and a Ping Bar like candle appeared on the chart. The top at the level of 173.50 has been labeled as the wave (3)/(c) and now the market is consolidating the gains in a form of a correcting in a possible wave (4). The key technical support is seen at the level of 160.91 and any violation of this level would be the first clue the top is in.

Weekly Pivot Points:

WR3 - $163.07

WR2 - $154.26

WR1 - $146.96

Weekly Pivot - $137.84

WS1 - $131.51

WS2 - $121.49

WS3 - $115.39

Trading recommendations:

The target at the level of 174.50 has been hit, so all buy orders should be closed now and there should not be short-term buy orders opened. It is a good time to take the profits out of the table and wait for another trading setup.

This image is no longer relevant

Summary
Urgency
Analytic
Sebastian Seliga
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback