$ETHUSD
Added 2023-12-22 10:31:47 +0000 UTC$ETH continues to lag behind $BTC and some other cryptos lately but I believe this is an opportunity, I do not see how $ETH does not start moving in the same way shortly.
We are in Wave 3 here which means we could see a large upward move very shortly to our 1.618 Fib at $2923 next.
$ETH has not been moving as fast as $ADA or $SOL which is not an issue, it is more controlled and structured and easier to manage and buy when it has dipped this way.
I am impressed with how it has pulled back here and held the previous high line at $2140 and above the blue line.
The 50 Day MA is also here and offered support so this was a strong confluence level and it has done its job.
I would not be surprised to see a positive move here very shortly.
