$ETH
Added 2024-08-10 16:39:07 +0000 UTCReasons why I bought $ETH today:
On the weekly chart
Price has pulled back to the 0.78 Fib and held
Which was also the ascending triangle breakout level at $2100 from October 2023
And also the 200 Weekly MA too
Making this a strong confluence level
Price is also back above the 0.618 Fib now at $2510
Pulled back from its $4095 high in 3 corrective waves.
Plan has not changed - Not selling until a new ATH is made
RSI on the daily went as low as 16, now back up to 30
In terms of R v R here and my strategy, it makes a lot of sense to add.
Comments
$ETH started its correction in March and has already pulled back to its 0.618 Fib US market started its decline in July, they are not in the same count
Gareth Neary
2024-08-12 11:09:14 +0000 UTCwhat is the blue and yellow indicator names?
murat kahraman
2024-08-11 05:56:40 +0000 UTCWhat made move the price target for the next wave to 8.8k?
Jon
2024-08-10 23:53:40 +0000 UTCGood question. Specially ETH that is considered riskier than BTC.
Andre Rugitsky Azem
2024-08-10 17:54:46 +0000 UTCdo you really think crypto can be in a bull and the traditional markets correct? It hasnt really happened before has it?
Marty Austin
2024-08-10 17:36:40 +0000 UTCSame price target for wave 3 despite recent drop? Love that
Ryan Hux
2024-08-10 17:04:59 +0000 UTCIs the ETH recommendation parallel with BTC?
jp
2024-08-10 16:48:47 +0000 UTC
