ETH broke the trend line yesterday, but it was a bullish trap. After that, the price fell 14%. That's quite a big drop. During the fall there was volume at the bottom. This volume stopped the fall. An important key level is marked below. In case of a false breakout, there could be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
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Ethereum, We are bullish and should wait for next entry