$ETH - LONG TERM PROJECTION -
Added 2024-09-06 12:58:00 +0000 UTCIt is good to remind ourselves of the long term set up for $ETH
Wave 1 topped at $4865
Wave 2 held support on the 0.78 Fib at $1000
Wave 3 then is always at the 1.618 Fib extension of Wave 1 and Wave 2 which is at $8811 and likely to be at least up to 18 months away from now, going by Wave 1's formation.
The pull back now has already tested the ascending triangle level at $2100, which is also very conveniently the 0.618 Fib too
We want $ETH to stay above $2100 and stay in the wedge
I am holding $ETH regardless for 3-5 years.
Comments
Hi, if we go into a recession would crypto hold up?
jp
2024-09-07 13:58:10 +0000 UTC
