SamSuka
The Long Investor
The Long Investor

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$ETH

$ETH and Crypto have started 'Uptober' poorly, pull back has been aggressive and has gone beyond the 0.618 Fib pull back level, so we do not have a double....in fact a treble 0.618 Fib hold here just yet, this may still come in if the price does not come down to the 0.78 Fib at $2274

Losing these levels and we are looking at a third test of the Primary 0.618 Fib at $2111

This is also a blue support line too, we need to see this hold or the larger 0.78 Fib at $1570 is next as a test of support

Which would be incredibly weak for crypto and will likely mean that $BTC is going down to $44K

$ETH

Comments

Do we think that eth recent moves bouncing off 2350 counts as a good hold?

Chris H

It's the right way

Gareth Neary

We want 44! We want 44!.. ;)

GM


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