Technical analysis by Pouncer626 about Symbol ETH: Buy recommendation (5/21/2024)

Judging by the indicators like MACD and RSI, and the general behavior of Eth, it seems like it'll retrace this move overnight, maybe a day or so, then go back up again!It's hit its 12-3 Fib (3 wave move) targets in the 1 hr time frame over the last 2 1/2 weeks setup.Eth put in an Inverse H&S in the last 5 weeks and satisfied the move, now it will most likely extend upwards Targeting $4900 (after a small-medium sized retracement)Eth Hit its high from 5 weeks ago.Good Luck!Also Remember Jesus! He gives you your very breath and sanity! =)