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$ETH bottoming/reversal...look for a rally to 1270.

This is starting to look like a similar setup when ETH corrected in Dec. ETH just bounced off the 61.8% retracement from the Dec low to the recent high. 61.8% is the most common fib retracement level for a reversal. If the pattern holds ETH will now rally to around 1270 at the top of the cloud then pull back to around 1010 before heading back up.
Chart PatternsTechnical Indicators

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