The daily chart of ETHUSD has been trending upwards since the beginning of the year, with a series of higher highs and higher lows. However, the recent candles suggest a potential reversal, with the price forming a bearish engulfing pattern. The first candle shows a strong close below the previous high, while the second candle gapped down, confirming the bearish momentum. The volume has also increased, indicating a strong selling pressure. The price has broken below the support level of 2300, which was previously a strong resistance area. This suggests that the trend may be shifting, and a sell signal…

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