DoujinStars
The Long Investor
The Long Investor

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$ETH

Our buy alert yesterday morning at $1600 is now up +12% in 24hrs.

The timing was good but the set up was there.

Price initially held the blue support line at $1420 and then recaptured the 0.78 Fib at $1566.

$BTC started moving higher and $ETH was holding support....something was brewing.

So we added +20% to our $ETH position and it may end up being my best buy of the year.

As always, I expect a move back to the 200 WMA which is at $2450, as we know this behaves like a magnet and $ETH is massively undervalued compared to $BTC right now.

Price is just testing the 50 Day MA at $1838, a break above this level and this could run very quickly higher.

I have no doubt in my mind that $ETH goes back above $4000.

$ETH

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