Bixley

ETH Weekly Rejection

Long
KRAKEN:ETHUSD   Ethereum
ETHUSD was rejected at the top of the weekly Gaussian channel, the Gaussian channel on the daily chart can be seen to be bullish currently sitting way above the channel, a retracement back to the channel is healthy. Strong linear regression trend can be observed, also three white soldiers pattern which may result in the inverse three black crows pattern to form to return to the bottom of the regression trend.

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