Ethereum Rejected Off Of The 20 Day. Head And Shoulders In Tact. Target remains at $1,262.

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Yesterday’s ETH close was bearish. Long spike to the 50 & 20 day sma and then closed for a red day. This makes the case for the bearish head and shoulders even stronger. Target still at the 200 week sma which is at $1,262. Bitcoin is hovering close to the bottom a close below $19,500 would be the lowest close in this 10 day bear situation we are in. I think we’re in for another spike down, but we’ll let the chart do its thing.

https://youtu.be/Uww-x_txLCg

#terralunaclassic #lunc #bitcoin #ethereum #crypto #trading #investing #cryptotrading #cryptocurrency #btc #eth

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