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ETHUSD
Ethereum
Long
ETHUSD
By tradewonk
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Mar 7, 2018
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Mar 7, 2018
- Ethereum is currently in a downside correction move. Price recently has been trading within a descending structure.
- The price is in a consolidation area and are currently trading at 790, which directly coincides with a horizontal support zone.
- If price can find support here at this level and find some upside as I would expect to hit the highlight of the sidebar key resistance line at 930.
- If the price break through key resistance area, it will more likely continue the bullish trend.
Cryptocurrency
Supply and Demand
Support and Resistance
tradewonk
Trend Analysis
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