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Welcome to this quick ETH update.
ETH breaks down the rising channel in the daily time frame and currently trading around the $1500 level. It also forms a big symmetrical triangle which is not retested yet. For another potential rally in ETH, we just need to retest this triangle. We also have an important support level of $1250-$1350 at the triangle retest area.
What do you think about this? Let me know in the comment section.
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