Ethereum looks very corrective with rejection at the 1.618 and looks very much like an expanded flat, yet there aren't any clear signs of it being exhausted. Hidden bullish divergence but would be cleared with failure to break higher. Paying close attention to price action near the trend line, a break below it would trigger a breakdown in price action.
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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.