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ETH is currently in a bearish rising wedge Scenario 1: We could witness a bullish volume towards the 2122 resistance, then if the bulls don´t work together it could bounce back and fall back to previous support. Scenario 2: Both RSI and STOCH RSI have still room for an oversold environment that could break the support and plummet to historical lows. All depends...
Optimism to jump back from an important support and come out of the junction