I am expecting Ethereum retracement to $2600 zone

Ethereum like Bitcoin will spend the next 8-12 hours retracing.

I do believe it will set a new higher low and continue back up towards $3200 which is an important resistance zone.

Check link below for my Bitcoin retracement idea.

I will be buying these dips. This is not advice. Trade at your own risk.

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interestingly enough the reversal is happening halfway through the four hour period started at 11am, lets see if ETH can break the top trend line