Ethereum looks like consolidating here and finding a support as seen on the charts, from current level of 2800, there is potential for buy now and potential gains with target of 3300-3700.
Trade closed manually
I will be exiting my trade as the pattern seems to be changing so I am adapting with the changing market conditions. The liquidity seems to be drying up and it looks like it is now a formation of ascending triangle awaiting breakout for bearish trend continuation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.