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ETHEREUM Another Wave Down? 30.05.2021

$ETH daily is flirting with 100 MA under serious pressure of Monthly and Daily candles. If ETH closes tomorrow around 2300 or lower, it would print a strong bearish monthly candle, typically followed by a multi-month bear market. On May 16 I did “expect a min retrace of 23-38% (3350-2700). Probability of a deeper one…

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