$ETH
Added 2024-04-08 11:47:36 +0000 UTCVery strong response from $ETH over the last 12 hours and managed to break out of this triangle....the triangle is not pretty but it is valid and we have a breakout now.
The price burst through the 20 and 50 Day MA and broke out of the triangle which was a very bullish move.
What I would like to see next is holding support above the 1.618 Fib at $3607....which has been a resistance level for $ETH since the 18th of March, holding above this level would mean a flip to support and a clean breakout and hold above the triangle too.
It would also be a sensible area to add to your position too to catch the next leg up....and I can see Wave 5 going as high as the blue line at $4872 which is the ATH line.
