ETHEREUM IDEA!

ETHEREUM broke the bearish pattern to downside, but was a fake out.

My idea is that it will try and tackle the upper resistance line of the channel that it keeps getting rejected at, If it gets rejected expect a sell-off.

This could see a retracement to the lower resistance line of the channel at $3350, if this fails then expect a 20% retracement to S1 at S3000.

Safe trading.
CryptocurrencyElliott WaveEthereum (Cryptocurrency)Parallel ChannelretracementSupport and Resistance

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