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ETHUSD - Bearish Test and Rejection
ETHUSD broke down bearishly from its pennant pattern today. Towards the end of the close it attempted to retake the bottom of the pennant but the attempt failed. This can be seen in the chart with the bearish hammer forming off of the bottom of the pennant. I believe this significantly increases the chances of ETH falling to next support in the 180-200 region.
Dad of 5 • Dev • Candlestick Whisperer • Crypto class of 2019
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