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$ETH Price Prediction 08/17/2023

BITSTAMP:ETHUSD   Ethereum
A very rough breakdown for ETH as price drops below pattern and D1 200EMA.

There's still possibility that this could be an outlier but we should look towards new supports in the case of continuation.

An extension of the prior long-term descending pattern has been added, although not visible in current view, as well as an outlier trendline.

www.tradingview.com/chart/gDBkksfy/
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