SamSuka
The Long Investor
The Long Investor

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$ETH

$ETH keeps pushing higher so we need to reassess.

I had originally used the Waves 1 and 2 in the White Circle to find the 1.618 Fib level at $2933.

But I believe the price has action has followed the 1.618 FIB level taking from the Wave 1 and Wave 2 that I have shown here with the green impulse wave.

This is my explanation for $ETH moving higher and it does correlate to my thinking.....also the the large Wave 5 then would bring this back up to the ATH line at $4872.

I believe a pull back will need to come shortly but there is no rush to sell unless we see a clear rejection.....likely when $BTC rejects too.

$ETH

Comments

ADA :)

Raul

Appreciate the note! Would love to have a doge chart too if possible

Dillon Lay

Thx, timely rethink 👍

Kyle


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