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ETHUSD Is Bullish While Above 1625, Support Is At 1800

Long
BITSTAMP:ETHUSD   Ethereum
Hey all.

In this video I will look on the ETHUSd which asha nice upwside potenial after current pause that can find a support and new buyers new 1800. One of the main reasons why Ethereum could stay in the uptrend is US Dollar which came down recently after inflation cooled down to 3% as reported last week, which can easily cause a bigger recovery for the cryptocurrencies in general as speculators can be looking for more dollar weakness and limited upside on US yields, as they believe that FED is very close to end the hiking cylce.

Hope you will enjoy the video, and dont forget to click the like button.

Grega

Elliott Wave Service
👉 www.wavetraders.com
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