$ETHUSD
Added 2024-01-10 10:31:08 +0000 UTC$ETH has been testing its previous high after the false report yesterday evening that all $BTC ETFs will be announced that they are approved shortly, the SEC has since said that their site has been compromised but many believe this is still eminent and there will be approval shortly.
$ETH has been consolidating sideways between this yellow channel in anticipation of this news.
I believe this can break out and continue to our Wave 3 target at the 1.618 Fib at $2933
Remember $ETH is lagging $BTC, $BTC is the market leader and always leads the pack in terms of their positive movement.
This is why I have started a position in $ETH, after making 100% profit on the $ADA move.
$ETH is a stable form of crypto asset and I believe we should see a move up next....otherwise I would not have bought.
Price is:
- Above the blue line, into the Bull Case
- Above the 50 and 200 Day MA and trending upwards
- Making higher highs and higher lows
- Testing the 50 Day MA for support and holding
- Following our EWT count very well
Comments
20% of my portfolio giving me sanity. Never expected it to come from crypto
Chris H
2024-01-10 15:12:42 +0000 UTCLet’s go!
makis
2024-01-10 13:02:49 +0000 UTCAdded more today .. looks ready
TommyJR
2024-01-10 10:32:24 +0000 UTC
