$ETH- Compression for takeoff
As long as BTC holds I see some compression within some past trend lines and SMA200. Likely to see a breakout towards the end of this week. Any plunge below these lines could mean more downside although support has held nicely since ATH.
Trade closed: stop reached
Trend line broke..
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.