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Bitcoinist 2020-07-05 20:00:36

Textbook Pattern Predicts Ethereum Will Plunge Over 20% if $220 Is Lost

Ethereum’s price action may be textbook indecision, yet an analyst said that the asset is moving ever closer to a breakdown. Ethereum Could Plunge Lower According to a trader, Ethereum is on the verge of breaking down. He shared the chart below, noting that ETH is trading in a textbook “Chauvashov fork” pattern. The pattern implies a drop to $175 will take place if the formation is broken: “If this Chuvashov fork breaks, ~$175 is […]

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