Ethereum has rejected our Gartley pattern (left on the chart for reference) and as Ethereum bulls, we are very pleased to be wrong here. In fact, it actually did break, but only a 0.618 Fibonacci retracement from the CD segment. We are very close to testing highs at $2547. This is not only a high, but a Fibonacci extension of the CD of the Gartley pattern. Interestingly, we have somewhat of a divergence in the Kovach OBV so this level is likely to provide resistance.
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