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Downtrend isn't finished yet


I counted that 3rd wave should end at around $390-395 (to touch the bottom of the channel), before it enter to a consolidation (4th wave). It happened a little earlier, and we are now in 4th wave. Ethereum is consolidating, short at around $440 (where a downtrend channel and 4h MA50 will act as a resistance), before we enter to 5th wave.

TP1: $370
TP2: $345
andrejevic
Trend Analysis
andrejevic

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