$ETH
Added 2024-04-15 09:20:15 +0000 UTCI added yesterday at $3030 as the news from the middle east started to calm slightly and Israel did not give a knee jerk reaction and the price of $ETH started to form an ascending triangle under the 0.38 Fib at $3100....I sent the buy alert out in the group to say I added, in spite of the risk that this could drop down lower to $2500 and if that were to happen, I would add again there....so far the buy yesterday is up 6.5% and the the price action broke cleanly above the triangle when the futures reported green last night.
Reversal up for Wave 5 is not confirmed yet but a pull back to test the 0.38 Fib again at $3100 would give us the confirmation and another signal to add, this does not need to happen and the price can continue higher from here, a break above the 200 MA at $3400 would also be a bullish signal.
I had a decision to make, buy more $ETH which I did not intend to do or buy $ADA again, I went with $ETH as this is a strong crypto, it lowered my average and is an asset I would have no issue holding comfortably for 5 years.
