ETHUSD is heading towards the support line of a Channel Down. If this movement continues, the price of ETHUSD could test 2953.1766 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Supported by Downward sloping Moving Average
Target: 2953.1766 Entry: 3288.06 Stop: 3444.82
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