profit target based on pattern projection labeled on the chart as well as stoploss.
ETH/USD may be seeing this movement due to the market speculating a potential futures release in the near future, similar to the announcement and upcoming release for Bitcoin.
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Disclaimer
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.