profzigzag

Ethereum found support but remains in descending channel.

BITFINEX:ETHUSD   Ethereum
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ETHUSD found some support at 4H 200 EMA at (1). A brake of upper channel resistance at (2) would indicate a further bullish move, otherwise, expecting price to continue its bearish move down the descending channel formation with support expected at lower channel parallel around (3).

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