Has Eth begun its descent?

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Has Eth begun its descent?Ethereum / US DollarCOINBASE:ETHUSDStrangely-accurateOn July 23rd, I anticipated that Eth would dump once it took out the range high. Now that we have witnessed that, along with a bearish retest (as indicated on chart), I believe the descent has begun. I hope I'm wrong. But if I'm right, it will provide me with an amazing entry point around $2900-3200