ETH broke out from rounding top pattern on a daily chart, I have marked the target of rounding top pattern which is $1248. This pattern can possibly play out with a flash wick down to this level. Another interesting thing to notice is that soon we will see death cross, Last death cross on ETH happened on Sept 2019 which lasted for over 4 months. ETH is barley holding $2480 support and as we all know supports turn to resistances in bearish trend so less likely ETH will hold. If you want to buy eth, Place ladder down buy orders to accumulate.
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