SamSuka
The Long Investor
The Long Investor

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$ETH

After the +10% climb yesterday, we are seeing a healthy pull back so I have added in the white fibs to show where we can expect support to to be found before moving higher.

The 200 MA on the 1hr chart was used as the previous support level and this is now moving up to the 0.618 Fib at $3417.

I would be surprised to see Wave 5 finished at this point and still expect Wave 5 to complete at $4040 at the 2.618 Fib

$ETH

Comments

Thanks Cap, this is a key level for me and will be waiting for an entry around there if it holds.

CryptoCurse

Another test of the 1.617 Fib green line is no issue for me

Gareth Neary

Is there a possibility we go lower than the fibs with the news ETH are selling $75m?

CryptoCurse


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