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One of the most important charts in determining market direction is always the #Ethereum chart.
$ETH While maintaining its sideways-upward trend for weeks, it also holds the intermediate trend support. $2955 is a very important support level. If the closing occurs below this support, we understand that the trend support break is not a trap and that the main trend, which is downward, continues.
It appears that the liquidation at the descending trend resistance has been taken, and the direction it should go now is towards the supports below. #ETH
⚠️ #advertisement or investment advice. The analysis is my personal opinion. It does not contain certainty.