Hello 👋,
Welcome back to the newsletter , today we are taking a closer look on #ETH. 😎
#ETH is currently situated in the r1 channel maintaining much needed support ,
speculatively speaking a climb above r2 could cause #ETH to erupt! a breakout could incur and we could see 5k as new support.
-A conservative outlook suggests that perhaps we maintain support around 4.4k allowing for greater outcomes to occur latter. (This would look like the daily candles continuing to range between r1-r2 for a while longer.
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