ETH Bullish Outlook (Pre 2/22 FOMC)

ETH is retracing and temporarily finding support at the 50% fib level around $1600. Wouldn't be surprised if it dipped lower to about $1568, which would be a 61.8% fib retracement. My outlook continues to be bullish in the mid-long term. We will see how the Fed's FOMC minutes affect the markets today. Hopefully we're reloading for another bull rally into March.

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Chart PatternscryptoCryptocurrencyETHEthereum (Cryptocurrency)ethlongETHUSDFibonacciFundamental Analysis

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