Ethereum Holds $4,000 and the Trendline: Chart of the Day


Ethereum has been pulling back since mid-November, potentially creating opportunities for traders.

The first pattern on today’s chart is the trendline starting on July 20 and running along the lows of late September. Notice how ETHUSD initially tested that line on Thursday and …

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Ethereum (ETHUSD), daily chart with selected patterns, courtesy of TradingView.
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