$ETH back testing the wedge breakout level to the Dollar now.
We still have a higher high and higher low so far and the price is above the 200 MA on the 1hr chart and the wedge, so the bulls are still in control here.
Unlike $BTC which has broken back down into its wedge for now.
A hold of support here for $ETH would be a buy signal if you have not added while in the wedge.
I am holding about 10% of my portfolio in $ETH now so I am more than happy with my position size and would not consider buying right now.
Jay
2024-04-10 05:12:47 +0000 UTC