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RE: Quick Ether Analysis

in #ethereum7 years ago

Its interesting that ETH is tracing a large triangle on the Daily chart.

This led me to believe that it might break down into a secondary leg after the major decline, but it does indeed seem to be winding in to an apex.

This suggests a level around ~275 for the apex and it will take a few days to get there before I'd wager a trade on an eventual breakout.

Glad you included a chart, a lot of people don't for some reason.

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