The Long Investor

$ETH

Added 2024-03-08 11:38:37 +0000 UTC

$ETH has been showing an enormous amount of strength and I am putting this down to how far it had lagged behind $BTC and it is simply playing catch up here as they are so closely linked.

When I first started to assessing this in October, it baffled me how it was so disconnected from $BTC and wondered what was I missing?....why was this so obvious that it was going to jump, that it could not be that easy?.....and it was as easy as that.

Sometimes seeing things exactly as they are, with no bias is the smartest way forward.

Usually the most straight forward explanation is the correct one.....any doctor will tell you that.

This has jumped almost 100% since the start of Feb now and this is still showing my clear signs of it being in Wave 3, as this move has been aggressive, so Wave 4 pull back should be next.

I have highlighted this move from March 2021 in amber, where we got a very aggressive move up and an aggressive move down....I would like to see this next and to add before catching the next move higher, which I believe will be above the previous ATH.