How low will ETH go?

Etherium found support at 4,240 after breaking out of a bearish ascending channel. But is now being rejected. So will we see more down side? Next level to watch out for is 4,004 which is near the 50 day EMA along with support from a previous pattern. Below that we have 3,680 as support as well.
I believe after this quick correction we will see a parabolic move to the upside around the end of this month.
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