SamSuka
The Long Investor
The Long Investor

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$ETH

I know some people are concerned with $ETH below the $2100 level on the 0.618 Fib but we must always remember to revert back to the chart and know that $ETH and $BTC move like Mega Caps, so if the 0.618 Fib level is lost then we look for the next support level

So the next fib support level is at $1564, especially now since the 2020 trend line is struggling to hold too.

We also have a relevant support level on the $1432 green line which was the top of the cycle in 2018

$ETH

Comments

What’s your view on ETH ETF’s??

Bezaca

Would you add more? My first add was a small position at $2,350 and I have plenty of powder to buy more.

Roberto Cusato

In a way, triangle makes sense here -- lots of funds and countries trying to accumulate. If this is indeed a triangle, this is possibly wave C of the triangle.

DiegoTheSabre17

Cap at what level / price would you consider putting 50% into ETH as previously mentioned?

Michael Castaldo

Add?

Robin Truth


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