ETH USD looking strong over longer term
ETH/USD UPDATE: Daily Chart: ETH/USD has continued to respect the longer term ascending trend line as well as respecting a newer, more aggressive upward trend since April. This is condensing the consolidation which I feel is overall bullish. BTC movements will certainly affect ETH price in shorter term. A severe BTC drop would likey pull us downward at least to the supports or even the lower trendline (or even below), but ETH has remained very strong even in steep dips. Possible and probable paths are outlined in the chart.
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