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We got a nice ascending triangle on Ethereum USD. The measured move target is alining aproximately with the prior swing high on big timeframes. Seems like there is heavy resistance at ~830 USD. At around 760 USD we have the 50% retracement of the fibonacci, yet I think that will be crushed easily, let's see!
Since Bitcoin will struggle to hold above 30k, I think we won't see higher prices than 35k. Most likely ETH will retrace at a similiar time. Bigger timeframes is largely extended and screams for a correction. Therefore this is only a quick swing trade over a few days, maybe a week!
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