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Ethereum (ETH/USD) temporary upside, before another drop

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Ethereum is lagging behind Bitcoin in price action, that's why looking at Bitcoin for clues is crucial. As the price hit 0.236 Fibonacci level I think that wave Y ended and that we are going to see some short-term movement to the upside which would be a second X from a WXYXZ complex correction count. After that, I am expecting another drop as wave Z will end on the support line at 415$ if my analysis is correct.

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