ETH has been on a tear lately along with NEO, while all other coins are down. These two coins are based on smart contracts so there is an interesting correlation there. ETH continues to make higher highs, while recently bouncing off of support trendline, and exactly at 0.61 Fib retracement line. Setup looks like a long setup in the near term.
Note
Price broke through trendline - trade no longer active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.