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🔷 $ETH 1H (https://www.tradingview.com/x/kn3E5NR9/)
Ethereum has shown prolonged weakness against Bitcoin, and previous setups for ETH (https://t.me/elonmoneytrading/2997) were closed at breakeven, so now it’s time for new ones.
Currently, it’s the weekend, and dominance might noticeably decrease. If Monday opens well, there’s a chance that ETH will start moving, potentially signaling the beginning of a local altseason.
ETH/BTC (second screenshot) is at critically oversold levels, and from this zone, we might see a reaction and a rebound.
For ETH, we are waiting for a breakout of $2500. If we break through with volume, some magic might happen, taking ETH to $2700-2800. But that’s if it breaks.
The U.S. elections are less than a month away, so we might see a lot of positive movements in crypto. 0 reply
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