ETH still battling at 3200 as we consolidate into a symmetrical triangle pattern (dotted black); note the entry direction which further denotes bearish continuation.Not much new in regards to recent posts, I still believe we'll see a drop to roughly 3k before any signs of possible reversal. Dipping into the next long-term zone poses a high chance of furthering momentum to 2850-2750 critical.
On the contrary, holding above 3k until current long-term trendline (low) crosses over will add a second support measure and increase the odds of weekly divergence.
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