The Long Investor
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$ETH - WATCHLIST -
🕑 Added 2025-04-29 19:22:24 +0000 UTCSitting now on the 50 Day MA which is at $1795 and the price is at $1823 now, this has been slow moving as the market assesses whether the worst is behind $ETH
I think it is and I have a high conviction towards $ETH.
Doubters will be silenced with a move back to the 200 WMA too
A higher high next above $1855 and this confirms the trend to me and we should get a move back to $2042.
The 2.618 Fib is aligning very well with the 200 WMA, which would complete the impulse wave 5.
A reminder that I added at $1600 and I like the set up here.
Comments
Jon marconi
Beauty. Do you think once over the 1.618 fib that it contests the 200d ma on daily or the 200wma at like 2400 first next ?
