23rd Feb Status Update with ETHUSD Daily chart – A dead cat bouncing?

The daily chart indicates double top forming, and also the ascending triangle is forming again. These patterns are forming at confluence level of 150USD, and indicates a reversal, momentum (MACD) seems to be waning, and there is no fundamental news to drive ETH forward.

Overall, still have 9ETH margin positions, will be taking some profit should there be a significant reversal in the next few days.

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