Ethereum
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ETHEREUM DAILY ANALYSIS - DOWNTREND?

Hey traders,

From my analysis of the Daily charts I see that price has broke through to the downside of the orange trend line.

Price also formed a bearish pinbar signaling a rejection of the 2nd retest of this same line.

Using a simple 50 day moving average, we see that price is trying to break below this.



Daily trade analysis and ideas:

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