Ethereum falls 17% from all time highs

Ethereum falls 17% from all time highs

ETHUSD made all time highs 2 days ago and fell 17.45% to retest a key zone trading inside of a bearish structure.

This bearish structure is consistent with a bull flag on an ABC pullback to reverse at the 1.272 of the BC wave.

The Bitcoin sentix sentiment indicator is below 0 indicating a possible end of this pullback.

Validation level: 1261
Invalidation level: 1185

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Author : Orlando Gutierrez

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