$ETH - WATCHLIST -
Added 2025-05-20 11:10:19 +0000 UTCWe are potentially in Subwave B of this Wave 2 pull back after yesterdays bounce on the 2.618 Fib
Ideally we want this to reject one more time, either at the 200 Day MA again or the 3.618 Fib in between $2600 - $2700, this will allow Subwave C then to complete and we have another buy entry when Wave 2 completes.
This is the ideal scenario right now and moving very well.
A hold for Wave 2 and I will add one more time as this will be below the 200 WMA.
Comments
Trying to assess a similar scenario with SOLUSD, a bit more tricky as Solana is known have a very high short term variability. Wave A looks quite clear, wave B top less evident for the moment
Magopool
2025-05-21 08:52:53 +0000 UTCthanks cap, watching this closely. Several attempt to pass the 2600-2650 range in the past days, without success yet. Your wave C might be imminent ..
Magopool
2025-05-21 08:14:07 +0000 UTC
