COMMENT
I would expect the price to either keep in between the lines marked with the red field doing some accumulation, or
for it to make a new local low around the area of the yellow marked field.
The sell volume still looks bigger then the buy volume thus i would maybe lean towards the new local low option.
Ofc as time goes by and candles paint i would keep looking at the chart and would refine my positions if needed.
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Don't forget devcon2 conference is this month. That should help the price move with an update from devs on what the future of Eth will be. That news will be "fundamental".
exactly, that is "fundamental" please excuse me for not including that but I simply like ^ the charts!