$ETH
Added 2024-10-14 12:00:49 +0000 UTCI have added $ETH this morning because I am starting to see a break way from the 200 WMA.
The 200 WMA is currently at $2340 and there has been 5 tests of this support level since Sept.
We always talk about firm support confirmation and 5 tests over 6 weeks is as a firm test and confirmation for me.
Price has since made a higher high and higher low
We are not away from risk right now until we can break out of this wedge at $2700 but I like the R v R here which is why I added this morning.
I am currently -6% on my $ETH position which is an average I am comfortable with after completing an ABC pull back to the 200 WMA.
Comments
Thank you Cap, for sharing your Position
Stefan
2024-10-14 12:15:55 +0000 UTC
