$ETH
Added 2025-03-19 12:39:32 +0000 UTC$ETH has been under pressure over the last 2 weeks due to the economic uncertainties and trade tariffs, as investors have been looking to secure their capital in traditional safe havens but I believe this has only been a short term impact on $ETH and maintain that adding $ETH below its 200 WMA is a strong strategy to hold for long term.
For the last 10 days we have been watching to see how the price behaved in between the 0.618 Fib and 0.78 Fib, where the wedge bottom line cuts through both fib levels, price has struggled on this line at $2000 but this morning we can see that bulls have been battling to convert this level back to support, with the price at $2003 now.
I believe when this support level is regained, then the price will move back up to the 200 WMA at $2400 and recapture this level next.
I have already added below the 200 WMA in this dip but would have no issue adding again under the 200 WMA.
