$ETH
Added 2024-07-15 13:26:16 +0000 UTCOk nice timing of our Buy Alert yesterday for $ETH, up now over +5% on that buy alone and we set forward our reasons for buying when we did, the more positive reasons we can find, the better our decision making.
On the daily chart, we have a clear bounce on the 200 Day MA which was uploaded yesterday, above we have the 1 hr chart and we can clearly see the double bottom on the 0.5 Fib at $2800 and bounced, with the 50 MA crossing the 200 MA for a golden cross.
We want to see a higher high next above $3517 to confirm the upward trend, next test would be the May high at $3972.
$ETH is also falling into my Safe Haven category so I am happy to be adding into my position when I did, $ETH has lagged $BTC and has not been following the market at ATH's, I like this opportunity.
