With a current bearish engulfing hourly candle and what appears to likely be a lower 1 hour high being set, ETH looks like it might be moving towards more long term consolodation especially if btc continues to struggle to get over its 1 hr EMAs as well!
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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.