Ethereum
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ETH |Technical Analysis| 1HR

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ETH recently rejected the 4H support level for the third time, as you can see it has also broken the downward trend line and is beginning to shows signs of a reversal by giving us higher highs. All that is left to confirm this entry is a break + retest of 4.08 R level. As we approach this area we will monitor price action using the 1H time frame, if we are shown bullish price action we will long it with a nice 1 : 2.5 R.

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