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Ethereum, Moved On To Test This Crucial Remaining Trend-Line!

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Hi,

Welcome to this analysis about Ethereum, we are looking at the 2-hour timeframe perspectives. Ethereum in the last times has shown up with some serious bearish developments to the downside and now moved into this remaining ascending-trend-line that almost established 4.2 months ago and till now held, the fact that Ethereum initially bounced here gives the conclusions that it is a likely possibility for Ethereum to test the remaining resistance-cluster from where a pullback follows when this pullback then manages to bounce in the dynamic ascending-support Ethereum will have the potentials to establish with further bullishness however when this does not happen it can also lead into a wave-C-extension with Ethereum moving below the ascending-support.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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Information provided is only educational and should not be used to take action in the market.
Nota
Ascending-Trend-Line-Origins On The Daily-Chart:
syot kilat

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