$ETH
Added 2024-04-27 18:48:33 +0000 UTCSome activity with $ETH this afternoon as price finished the week above the 0.38 Fib at $3100
Above is the daily chart but on the 1hr chart we can see that the price action bounced on the 50 and 200 Day MA today cause a 4% jump.
For any new members here, we believe that $ETH and $BTC are not in the same counts right now for one simple reason, $BTC made a new ATH leading up to the halving event and the approval of Bitcoin ETFs in the US
For the same reason why $AMZN was still moving higher in March while the other Mega Caps struggled to move and even declined, $ETH can still reach its ATH line at $4872 before pulling back for a larger correction.
From our observations, $ETH is 2-3 months behind $BTC.
Comments
wondering the same. It's so close to the 200 SMA/EMA. Also, any chance we could do $LINK?
Jeremy W
2024-04-27 20:09:57 +0000 UTCIsn’t a test of the 200day MA on daily to complete wave C possible?
Byron Tanigawa
2024-04-27 19:47:14 +0000 UTC
