The crypto traders in Elliot Wave Trader have been tracking this setup for a while and finally it is rocking. As always it must follow through and I don't want to see a drop below the low last week. The Target on the current wave is $13-14 before it round trips to just above this zone. Here is the long view:
l
ong
Here is the short term setup in progress:
A reference on how I trade: https://steemit.com/cryptocurrency/@wildtrader/how-i-trade-cryptos-using-elliot-wave-theory
Disclaimer:
Trading crytpos is like swimming with sharks. These are unregulated markets. While I'm providing some analysis, the risk is all yours. You can get hacked, raided, and scalped. These markets can be thin and predators lurk. Do not put any money in cryptos than you can afford to lose. Always use two factor authentication on your accounts. And, regularly take profits out and trade something else
ETH: 0x214100463968649031A9D6E6A6C5B9aDdE540e29
BTC: 14Y4V2hFUKzQZe3rVJ8cTphv583FiRvgqS