SamSuka
The Long Investor
The Long Investor

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$ETH - RC -

No changes here to the previous chart which I have attached from the 7th of June.

I showed that Wave C would pull back to the 200 Day MA, which is what we were waiting for with $BTC but that may not come, as the 0.38 Fib has been acting as a support level, and is has done just that and bounced very well on the 200 Day MA.

We can see with $ETH that it has not broken above the 50 Day MA yet tho, I suspect if $BTC continues moving higher, that $ETH will have no issue breaking above the 50 Day MA level.

Big movement for one day here from $BTC and $ETH, crypto fans should start preparing to start a position or add here, so far both $BTC and $ETH have just made one potential impulse wave, Subwave 2 will tell us everything. 

$ETH - RC -

Comments

Can I know which point is sub wave 2?

Huat


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