Ethereum / TetherUS
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Ethereum possible bullish deviation

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Yesterday ETH went and closed below the 200D EMA, normally this is a very bearish sign for at least the short- to middle term.
But following yesterdays bounce ETH is now trading above the 200D EMA again, which could lead to (when close above) a bullish deviation.
This would probably mean that a lot of late shorters below the 200D EMA will be trapped and squeezed out of their shorts the coming week(s).

Penafian

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