As you can see on the 4 hour chart, ether broke to the downside of the symmetrical Traingle. Next level of support is the $1850 level, which is under the 20 week moving average. If $1850 breaks down more downside is very probable. $1300 would be the next level to watch.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.