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Ethereum
Long

ETH touching support line of parallel channel

By e99muffin
Beautiful parallel channel since beginning of 2021. The support line is strong with 5 connecting dots. Immediate bounce back after touching the lowest low at $2300. If no breakdown within next couple days and preferally a big white candle, uptrend is expected. Looking at target $4000 then $5200 by end of this year.
Trend Analysis
e99muffin

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