As per my trading style, ETH has been struggling to climb back to the 1600 mark now trading between the ranges of 1540-1387 and seems to be forming a descending triangle on the 1 hourly chart, If ETH breaks below of the descending triangle could we be visiting 1242 in the immediate short term? guess we will have to wait and find out.
This is just my own idea and not financial advice, please feel free to comment on your thoughts regarding this idea.
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