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Ethereum
Long

ETH CONTINUATION PATTERN

By Money_Pips
ETHUSD AND BTCUSD Has been a in Correction phase after a bullish trend run. This bullish momentum doesn’t seems to be over yet.


From our previous analysis
WHY ETHUSDT MIGHT HIT $5,000 ABOVE


ETH BROKE OUT OF PRECIOUS CONSOLIDATION TO RETEST BACK ON THE TREND LINE. TO FIND ENTRY SIMPLY WAIT FOR A PULLBACK INTO THAT SUPPORT LEVEL OF RED AND YELLOW BAR. TAKE PROFIT $4000-500k.


ETH LOOKING TO FORM ALL TIME HIGH. JUDGING FROM THE PREVIOUS TREND, ON WEEKLY TIMEFRAME YOU WILL SEE IT FORMS BULLISH FLAG. SAME TIME HAPPENS ON DAILY TIMEFRAME, THE MARKET HAVE RETEST BACK ON THE TRENDLINE WE MIGHT ANOTHER BULL RUN FORM BTC AND ETH. FOLLOW FOR MORE UPDATES
FlagMultiple Time Frame AnalysisTrend Lines
Money_Pips
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