Ethereum
Long

Ethereum Rejects New Highs!! What's Next??

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After making new highs briefly, Ethereum fell back down to support at $1300. This is a strong psychological level. The Kovach OBV is still pretty strong for Ethereum. It has only registered a small dip corresponding to the rejection from highs. If Ethereum dips further it will find support $1233, $1172, or $1111. These would be good levels to buy back. It is likely that ETH will form a bullish consolidation like a bull triangle as it gears up for another breakout

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