$ETH - WATCHLIST -
Added 2024-07-09 13:06:05 +0000 UTCWe can see that the price action is testing the 200 Day MA from below now, just under $3100, after testing support on the 0.5 Fib Fib twice at $2800 this week....this Fib level also offered support in April and May too, so again the Fib levels are being respected, which is common for $BTC and $ETH as they are technical plays.
Once I see the 200 Day MA flipped to support and hold, I will be happy to add again and double my position in $ETH.
$ETH is a position I will not sell under any circumstances until it makes a new ATH, I believe it is heavily correlated with $BTC and that this lag now is an opportunity.
