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JMohn
Sep 8, 2017 5:18 AM

Ethereum retrace below $250 

Ether / United States DollarCoinbase

Description

Based on typical Fib ratios for corrective waves, I think Ethereum is going to drop below $250. I think it is likely that it will land somewhere between $185 and $235, based on the Fib ratios of the impulse move. There is an area of support around the $215 area.
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