Ethereum Consolidating, Waiting For a Breakout

Updated

Two possible paths ETH could take. It is unlikely to break down from here.

1150 is already confirmed as strong support with the large inverted hammer with lots of volume still unable to get below that level.
Note
Here's the corrective pattern on a lower timeframe snapshot
Bitcoin (Cryptocurrency)BTCChart PatternscryptoElliott WaveETHEthereum (Cryptocurrency)LONGTrend Analysiswave

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