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ETH
Ethereum broke through the descending channel last night, reached the trend line and upper resistance level before pulling back. Once the trend line is broken below, it becomes trend resistance. With the two pressure levels converging together, a converging triangle pattern has formed to determine direction. Additionally, the 4H candlestick body hasn't held above the level, so my intraday view remains bearish.
Intraday Trading Suggestion:
2150—2160 Entry
Stop Loss: 2192
Targets: 2125—2100—2080