EthereumShort
Ethereum Retraces Sharply
As we anticipated, Ethereum has plummeted from highs, breaking through multiple levels. We gave up the $1500's entirely, and smashed through $1424. We are currently above $1341, where we are seeing support confirmed by two green triangles on the KRI. If we break $1341, then the next level is $1235, which is the upper bound of the long standing range that ETH held since mid-June. If we are able to rally, then $1547 is the next target.
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