Ethereum (ETH) - We Are Still Below 100 EMA

On a weekly timeframe, our attention is still on reaching the lower side of the triangle formation here. We see that the price just keeps rejecting that zone, which indicates a potential movement to lower zones here!

We are holding our eyes open for some sharp movements here and we are going to start slowly shorting ETH as well!

ETH is showing further weakness on daily timeframe where price is being rejected from resistance and being send back towards both 100 and 200 EMA

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