ETH is not far from a U turn to North

Like many other token from the crypto universe, ETH has been in corrective mode since nearly two weeks. The high of what is noted purple iii was @ 180.00. Our count suggests the token is in its last corrective leg, noted blue circled c.This leg is now in its support zone. Even if it is not expected, the move can go as low as 149-155.00 zone. Regarding the oversold condition of technical and the good positive momentum level, we are waiting for a new strong rise once the floor is reached.

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