SamSuka
The Long Investor
The Long Investor

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$ETH

$ETH is now retesting the White 0.38 Fib at $3343 and the smaller green 0.618 Fib level which are at the same level right now in this pull back.

The 200 MA on the 1hr chart is offering resistance since the 24th, so we will see how $ETH holds on this confluence level now.

If $ETH can continue to hold above this level then it should be able to make another attempt at breaking above the 200 MA but losing the 0.78 Fib at $3289 and it is likely back down to test the Wave C level again at $3108

However, every 0.618 Fib hold is a positive indication.

$ETH

Comments

Let’s go cmon eth!!!

Chris H


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