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Ethereum
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ETH Descending Triangle

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ETH seems to be forming a large descending triangle. The interesting thing is that if it breaks down, it would be right around the end of tax season (in the US at least) and could be an attempt by whales to squeeze hodlers who need to pull money from the markets to pay their taxes out of their positions. This would help form an absolute bottom before they scoop up as much ETH as they can get their hands on.
abullbyanyname
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Chart PatternsETHEthereum (Cryptocurrency)

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Chart PatternsETHEthereum (Cryptocurrency)
abullbyanyname
Also on:

Disclaimer

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.