FREE ANALYSIS ON ETHUSD - CATCH THE LONG

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15 Min
ETHUSD broke down the MA200, EMA150 & WMA 100. Thou MACD on 15min chart is showing a bullish divergence, i believe price will still move down towards the $270 mark.

1 HOUR
Price could test the $270 mark or lower before the bulls take over again. the $270 mark is also the 38.2 % Fib retracement.

4 HOUR
short term price drop with longer time move up. MACD and StochRSI moving into the oversold positions.it is also possible for price to retrace to around the 61.8% fib retracement value

OVERALL
Seems we are seeing a correction of the previous bull run. More upside expected.

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