The Long Investor
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$ETH
🕑 Added 2025-03-31 12:23:56 +0000 UTCClear rejection under the 0.618 Fib at $2100 and the wedge trend line and like the $BTC is on track to make a lower low.
Next support after the 0.618 Fib is the 0.78 Fib which is $1568.
Standard pull back level is always the 0.618 Fib and anything below this is weakness for me, and we know this is true because we are well under the 200 WMA now too.
I do not sell positions under the 200 WMA and if the second largest crypto coin wants to stay under its 200 WMA so I can accumulate then I will do that once support is held.
If we all had the chance to buy $AAPL, $AMZN, $MSFT, $NVDA and $GOOG under their own 200 WMA, I think we would have no problem adding, it is the same approach here.
As always, be greedy for support confirmation now while there is weak sentiment.
