$ETH
Added 2024-03-04 14:04:09 +0000 UTCWe are getting very close to the 1.618 Fib limit now, it is at $3571 and we hit $3544 today.
The RSI now is at 92 too .....deep into the OVERBOUGHT territory, while aligning with our Wave 3 target.
I can not say for certain that it rejects here....but indicators are showing that this is now stretched.
Anytime it has reached this level, there has been a strong pull back.
A pull back to the 0.38 Fib around $2788 and we buy again.
Rinse and repeat without being greedy.
Comments
Any updates on this now since it hits 3.8k
Dillon Lay
2024-03-05 15:31:48 +0000 UTC
