CryptoTrendline

Ethereum short term

BITFINEX:ETHUSD   Ethereum
Ethereum continues its consolidation and it seems that the rally is resuming.

Price is still in the range between $535 and $500 after reacting from the support level .
If we see a continuation of the rally, we can expect price to reach the flip zone around $650.
If price breaks the support we can expect a drop down to the next support level around $420 before a new rally.

Good Luck,
CryptoTrendline

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