CryptoTrendline

Ethereum short term

BITFINEX:ETHUSD   Ethereum
Ethereum rallied from the accumulation zone around $450 and is approaching the flip zone around $650.

If price breaks through the flip zone and the descending trendline we can see it rally up to around $1000.
If the flip zone holds price, it can come back down to the accumulation zone.

At the moment it is best to wait and see what price does around $650.

Good Luck,
CryptoTrendline

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