ETH TA:
The C wave decline started on Oct 10.
The broader downtrend was stalled around Nov 20, and by Dec 18, the 5th wave decline failed, signaling trend exhaustion.
We believe ETH has re-entered the (5)th wave of the ascending channel that began in April last year.
Theoretical targets:
Target 1: $5,413
Aggressive Target 2: $7,155

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