This Scenario is Quite Possible for ETHUSD

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Simply providing an update to the potential future price action for ETH based on indicators and what I'm seeing with LTCUSD and BTCUSD.

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Posting the chart again for a better view without it being scrunched up:

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A little closer look:

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If we continue at the current rate, by the time we reach the top and consolidate; $320 will become support after consolidation. We'll keep an eye on it. One thing is for certain: DO NOT try to short on the way up please.