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ETH alls below the important $2800At the start of February, we saw the entire crypto market rebound sharply. Ethereum (ETH) was one of the key performers and at one point, even got closer to $4000. But it has been a sharp fall ever since. More importantly, ETH has fallen below the crucial support zone of $2800. So, how far can bears take this? Here are some highlights: ETH was trading at $ 2734 at press time, down about 5% in the last 24 hours ETH has also fallen below the crucial 20-day exponential moving average It is likely that the coin will fall to its next support of $2400 in the coming days.
EASYMARKETS:ETHUSDLong
by Tanya52953
DJIA: Dow Jones: Breakout to Upside Likely Soon DJIA Dow Jones Industrial Average Futures The Dow has had a torrid time for 3 months now, falling 14% from the highs and bouncing three times directly off the longer term parallel underpinning the rally - and which had acted as major resistance right up to the point when the new President/Paradigm took office. Over those 3 months of wild gyration and whipsaw the Dow has formed a neat triangle and is now now re-testing the the falling dynamic which forms the last big resistance line to the upside. It's had 3 attempts so far to break this line and now we're looking at a 4th. It can do this up to 4 times but on the 5th at latest should break higher. Can either follow the break when it arrives and hope the rest of the world follows it too, in which case volumes will rise and it will begin to power upwards (stops under the line) or wait for a potential retest of the dynamic once broken to the upside - which not come, depending on volumes at that point. Once broken the first resistance line lies at 24793-24800 and it may come back from there towards the dynamic one last time before surging higher again - this will most likely be the last chance to get long at lower levels if we see it a little further out in time. Otherwise, if the Dow does come off from the dynamic for a 4th and likely last time, look to buy around 23869 levels if the chance presents itself. The Global Dow chart (next update) should help to provide confirmation of the break when it comes.
OSE:DJIA1!Long
by sumastardon
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