Two scenarios are now conducted on this analysis. ETH is forming a bearish wave and could (with high potentiality) break lose lower than 82$.
Note
for now, we should just wait if this flag will break below (purple line) or if the price will hold and break above this inner wedge and appreciate (blue line).Note
the purple and blue line shows the various scenarios.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.