$ETH
Added 2024-12-23 09:22:00 +0000 UTCWe have a three wave pull back since late Friday night and we can see that support was found in between the 0.78 - 0.618 Fib levels between $3200 - $3273 and the price has bounced up to the 0.38 Fib this morning from a positive PM.
We want to see higher highs and higher lows next, but first converting the 0.38 Fib to support next is a good start at $3343.
Not a surprise to see the 200 MA exactly at the wedge top line at $3660 right now, so we know this is going to be an important level to flip back to support if the bulls can get back up here shortly.
