The Long Investor
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$ETH
🕑 Added 2025-03-11 14:56:29 +0000 UTCI know some people are concerned with $ETH below the $2100 level on the 0.618 Fib but we must always remember to revert back to the chart and know that $ETH and $BTC move like Mega Caps, so if the 0.618 Fib level is lost then we look for the next support level
So the next fib support level is at $1564, especially now since the 2020 trend line is struggling to hold too.
We also have a relevant support level on the $1432 green line which was the top of the cycle in 2018
Comments
Bezaca
What’s your view on ETH ETF’s??
Roberto Cusato
Would you add more? My first add was a small position at $2,350 and I have plenty of powder to buy more.
DiegoTheSabre17
In a way, triangle makes sense here -- lots of funds and countries trying to accumulate. If this is indeed a triangle, this is possibly wave C of the triangle.
Michael Castaldo
Cap at what level / price would you consider putting 50% into ETH as previously mentioned?
Robin Truth
Add?
