Do repost and rate:
Hello everyone, I took a look at the ETH daily chart. We are retesting the previous all-time high from back in may atm. This could be a good buying zone to get some eth but I think it is possible we see another drop-down back to 3800$ area and retest the uptrend support line this is where I will enter a trade. I'm looking to take some profits at around 5600$ area our uptrend resistance line. This would be in line with the Elliot wave theory and could be our point 5 point before a bigger correction.
Share your thoughts in the comments and follow me for more trade ideas
