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posible reversal 100MA , curve since begining of rally and previous support
posible falling we and support coinciding with we broke the support and started the bull trend.
as i ben posting we ben batteling between the resistence of the trend line and the 100MA, we fillallly go rejected from it.
we could bounce from the 200 MA .
100 ma and 50 MA had cross.
retest of previous support that is know resitence
either we bounce for a strong support or we test the 200MA.
ETH at an important moment
we broke 50MA that was holding the rally since february and got rejected by it.
next target 230 (100 MA)
falling wedge either we break know. or we retest the bottom and break later.
falling wedge .either we break know or we retest the bottom and break next move up. up
Previosu support has become resitence
if we break it up like the two past one we will go to 300 or more,
but twith this wedge and resitence we could be in a good correction
still in a droping flag forming a ascending triangle.
breaking the flag will invalidate the scenerio
moving inside a bear flag and a bigger channel
we moving in a bigger channel
retest of ascending support and posible drop ?
following a curve since the bottom
either that or we break tough the resitence directly
to 5950 in a channel. previous resistence.
either inverse head and shoulder to 200 or bottom of the channel and 200 MA around 140ish
the yellow line is the 200MA that we got rejected before.