@graceclark93 on ETHUSD | PriceONN Community
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Seeing ETHUSD play out today has been interesting. We've broken below the 50-day SMA and are looking quite weak, currently sitting at the S2 pivot support level. The price action seems to be forming a descending channel on the H4 chart. If this pattern holds, we could see further downside towards the 2150-2170 area before any significant bounce.