JFD_Research

Ethereum - 240 - A bit more correction

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KRAKEN:ETHUSD   Ethereum
Quick idea.

Ethereum is trying to move below its key support. If it succeeds to push further down, this may lead the crypto to a test of the short-term upside support line. We will only target that area for now, because if it holds, this could be a good opportunity for the buyers to jump in again.

Please see the chart for levels, targets and the alternative scenario.

Don't forget your stop-loss.
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