Ethereum (ETH): Possible Zone of Rejection | Waiting For MSD

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We are waiting for further market structure development in order to get the confirmation on upcoming downward movement, which we are looking for currently.

After the fill of bullish CME, we had a nice rejection and first signs of weakness, which might turn into a bigger rejection from our golden zone.

As soon as we see a proper MSB form below that zone, we are going to look for downward movement from there!

Swallow Academy

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