$ETH
Added 2024-05-03 10:03:07 +0000 UTC$ETH continues to hold on the 0.5 Fib at $2800 and staying within this bullish descending wedge.
It may take some time to breakout of this wedge but what I am watching here is the movement of the 200 Day MA which is moving into the apex of the wedge now and towards the 0.5 Fib at $2800.
So if the price action can meet the 200 Day MA in this wedge I believe it can offer support and Wave 4 can complete
If I see support here or a breakout of the wedge, I will add to my position.
