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We are getting there folks, another test of the 0.38 Fib today at $2310 but I believe this level will not hold and we will get Wave C dropping down for a lower low below Wave A and this aligns with our chart perfectly
We also like how the 200 Day MA has aligned perfectly with the 0.5 Fib at $2158 and the 0.618 Fib has aligned with the historical blue support level and at the psychological level at $2000
Not a single person should feel uncomfortable here and should only feel like adding to their position and we are considering the same
Banks and institutions continue to buy $ETH and build on their ecosystem to prepare for the move to tokenisation, $ETH wins this, not $BTC. $ETH is always a buy under the 200 WMA at $2540
Price is also in the buy zone now.
We are getting there folks, another test of the 0.38 Fib today at $2310 but I believe this level will not hold and we will get Wave C dropping down for a lower low below Wave A and this aligns with our chart perfectly
We also like how the 200 Day MA has aligned perfectly with the 0.5 Fib at $2158 and the 0.618 Fib has aligned with the historical blue support level and at the psychological level at $2000
Not a single person should feel uncomfortable here and should only feel like adding to their position and we are considering the same
Banks and institutions continue to buy $ETH and build on their ecosystem to prepare for the move to tokenisation, $ETH wins this, not $BTC. $ETH is always a buy under the 200 WMA at $2540
Price is also in the buy zone now.
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