Ethereum is testing 4000 for a continuation higher
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Ethereum is testing the long-term 3500 support level. A clear confirmed break above 4000 after a bounce off 3500 is required for a continuation higher and another test of recent high 4800. We have a monthly retrace candle off 4800 upside swing.
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The weekly chart is showing a test of an uptrend support line and horizontal support confluence with 3500 being mentioned earlier as key support. We saw a clear bounce of this level and a break above 3800 which is indicating a strength.
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On a daily chart, we can see that the upside channel Already a member? This article is so good, it’s for premium members only.
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