tradewonk

ETHUSD

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BITFINEX:ETHUSD   Ethereum
- Ethereum is currently in a downside correction move. Price recently has been trading within a descending structure.

- The price is in a consolidation area and are currently trading at 790, which directly coincides with a horizontal support zone.

- If price can find support here at this level and find some upside as I would expect to hit the highlight of the sidebar key resistance line at 930.

- If the price break through key resistance area, it will more likely continue the bullish trend.
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