ETH is Down but Not For Long
ETH has dropped, tapping about $2950. Looking left on the daily chart, however, we can see price broke out of an ascending triangle pattern, and then created a new higher high at $3,585, indicating that the long term trend is bullish. I believe we find a floor above $2800 before pumping back into the highs, hopefully making a new higher high above $3,585 over the next few days.
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