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tradewith_ritik
Dec 19, 2023 5:31 AM

Ethereum (#Ethereum) tests its long-term trendline support  Long

Ethereum / BitcoinBinance

Description

When Ethereum (#Ethereum) tests its long-term trendline support, it often sparks a significant upward market movement, known as a bull rally.

#Pattern_Recognition: Ethereum (#Ethereum) has shown a recurring pattern where testing its long-term trendline support has resulted in substantial bull rallies.

#Historical_Timing: Notably, each of these support tests has historically occurred in the month of January.

#Projection_for_2024: If the historical trend continues, there's a possibility of witnessing a similar upward market movement or bull rally in January 2024, following the long-term trendline support test.

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