$ETH
Added 2024-07-16 14:13:55 +0000 UTCWe got a strong pop over the last 48hrs, a combination of Trump gaining support and the $ETH ETF getting an approval date for listing.
The price action bounced on the 200 Day MA and went all the way up to the 50 Day MA.
It has met some resistance here, so let's assume a healthy pull back can happen here....(remember the market always gives you a chance, so never chase)
So I have added in the white fib levels to see where support can come, the 0.5 Fib aligning with the 200 Day MA makes a lot of sense, so a retest above this breakout level is what we are looking for next.
A test here and hold, then I suggest you add to your position, I may add another 20% to $ETH.
