Ethereum

$ETH Price Prediction 02/03/2022

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Support at 2600 holding in so far; a few lows around 2550 occurred once we passed the former short-term pattern, possibly indicating further correction underway. ***

See 1/31 post for outlined prediction + D1 pattern. Note that since we hit neckline (2750 -> 2750-2800) consolidation could extend until EOM (2/27) based on a 2750 'low'.

If neckline 'high' (2800) is used, expect possible consolidation until early March (3/03).

*** Based on yesterday's post, a close under the highlighted orange zone (~2650) could trigger a bearish breakout.

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