Still in the downtrend?

Ethereum / TetherUS BINANCE:ETHUSDT

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ETHUSD is forming a symmetrical triangle after a downtrend on weekly time frame signifying a continuation pattern. On the other hand, in daily time frame, the price is forming an raising wedge that indicates a reversal in this short term bullish movement, setting the price back to the weekly triangle before continuing the downtrend. We may expect a rebound once the price touches the weekly support at around 1700 to 1800.

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