$ETH 4H just broke out of this converging wedge. If the close isn’t a fakeout, there should be more room to the upside.
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$DSYNC I’m expecting rapid expansion as soon as it breaks from this accumulation zone Already seeing signs of reversal with increased volumes coming in
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$ETH 2025/8/20 1️⃣ 1H Status: ETH is consistently suppressed by the midline —> still in a strong downward structure. 2️⃣ My Take: As shown in the chart below, price has been repeatedly rejected at the midline and hasn’t yet broken out of this strong downtrend. (Tip: Look for a break above the midline with a successful retest for confirmation.) Right now, we’re in a rebound phase. Keep an eye on whether the midline continues to act as strong resistance — if so, the next downside target could be around 3940. If you’re looking to go long, my advice remains the same as in previous posts: “Wait for a clear breakout above the midline, then enter long on a successful retest that holds above.” Marked on the chart below.
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