$ETH
Added 2024-08-28 10:42:14 +0000 UTCIn spite of the large sell off late last night in Crypto, there are no changes to our $ETH chart from the last one we uploaded.
$ETH was not near it's 50 or 200 Day MA and the white Fib levels as shown were already on the chart.
We can see that the sell off went exactly down to the 0.618 at $2400 and have so far held support
These are the standard Fib levels I put on each chart for a pull back, anything below the 0.618 Fib and I would consider weakness.
$BTC losing its 200 Day MA likely triggered the sell off, which we highlighted yesterday before it happened.
No changes to my $ETH position but if we continue to see a hold above the 0.618 Fib at $2400, I will consider adding, which has been my plan for the last few weeks.
Comments
Another bounce off the $2400 level
Ryan Hux
2024-09-02 12:05:05 +0000 UTC
