Hi guys! As seen on the daily chart, Eth approached is trying to break through the diagonal channel. It is also clearly seen that such slight false break-outs happened in recent past. So the price may still come back to the channel and we will see 700. Considering bearish market in general it is still very possible scenario. But lets see a little for confirmation of break out.
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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.