Ethereum / TetherUS

Ethereum - Triple Bottom Reversal!

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In our last Ethereum analysis, we were short from the break of ascending correction back to the bottom - raw gains of almost 25%!

We saw a triple bottom chart pattern which is a highly probable bearish to bullish reversal pattern. We are now approaching a very interesting level where we can look to add another buy position.

At the 2400 level, price converges with trendline and structure making it a high probability area to buy. Watch for price to clear the 2400 level and get in on the retest.

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