$ETH - WATCHLIST - BREAKOUT TEST SHORTLY
Added 2024-03-31 23:42:04 +0000 UTCWe can not ask for much more than this from $ETH right now, the bullish set up is there and we are waiting for the breakout now.
Primary Wave 4 held the 0.38 Fib at $3111 perfectly and bounced.
Subwave 2 of Wave 5 held the 0.618 Fib perfectly.
And since then, the pull back has held the 20, 50 and 200 MA on the 1hr chart and on the 0.5 Fib.....making it a strong confluence level.
All we need to see now is a breakout of this ascending triangle bullish formation at $3680 and holding and we have our move confirmed for Subwave 3 to $4117
I am in here since adding when $3111 held and I am in with a sizeable amount now
Comments
No breakout. Looks like a rejection. What are your thoughts?
Glen B
2024-04-01 15:48:47 +0000 UTC
