ETH UPDATE SHORT TERM
Wednesday, April 4, 2018
P.S. For BTC I count this upside as wave b of v of A
Since the triangle break I see only an ABC formation, so it's possible ETH finished the first leg of an ending diagonal in this wave 5 of A. At this point, seems a good point to enter long, at short term. Maybe the follwing wave B will last 1 month and last wave C also 1 month.So I predict the end of the bear market during may or june.
ETH at short term is bearish and since the 14xx looks ETH made a simple zig zag. Medium and long term ETH is still in bullish mode. Expect some suport in the 8xx's area but if ETH drop's below that I expect most likely the 5xx's.
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