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【ETH 4H Chart Market Analysis】— Xiao Qing
Just like Bitcoin, Ethereum has currently also touched the major-level descending trend line (you can refer to BTC’s movement). The 4-hour ascending channel for ETH has not been broken yet, and this position almost overlaps with the upper boundary line of BTC’s channel.
If ETH’s 4-hour body candlestick closes below the channel, then I will pay attention to a pullback toward the two support levels below: around 2180, and around 2080.
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