[Today's market forecast on March 1 (Fri)] What will happen in the future? ETH market price!
Today's ETH price forecast is released! Coingirls official traders open their strategies to keep up with the upcoming virtual currency trends!
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Ethereum quotes for today
Today's ETH / USD market price analysis.
What is your long-term perspective? Analyze the time bar!
The above image is a 2-hour chart of BITFINEX.
In my previous post, I wrote, "Long profit target is around $ 187."
Market analysis is connected, so if you haven't read the previous article, be sure to read it.
You can read the previous article here.
Click here for the previous article
To conclude, the scenario is the same as last time.
Assuming that the current 5 waves form Elliott waves, the 5 waves tend to be the same length or 1 times more than one wave, so the profit target is 1.618 times around $ 1.618 .
However, if you look at it for one hour, it is resistance at the last time high, so if you get out of here, I think that it will grow greatly.
On the contrary, if it seems to be bounced away, escape at the price of $ 165.
To conclude, "Long continuation".
Conclusion: buy Ethereum now? Is it selling now?
This concludes today's market analysis.
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Last Updated Date: 2020/01/30
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