ETH Bearish Parabola Broken (Pump Incoming?)
We just broke the bearish parabola that kept driving the price down. Usually parabolas tend to retrace at least 50% or even up to 78.6%. There are different ways you can draw it in but I think that we could have a small pump incoming. But if we do get above key trendlines, we could see a massive reversal but a lot also depends on BTC. So watch that chart as well.
Note
Forgot to mention that it also looks like we create a local double bottom.
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