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ScarletFlower
Jan 27, 2020 11:42 AM

#Eth Continuation of the uptrend on the ETHEREUM! Long

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#Eth
Dear friends, I am glad to welcome everyone!
So, earlier in my analysis, I already said that altcoins look pretty good today, and broadcasting is no exception. The coin broke through the upper line of the descending wedge , fixed for ma100, where the growth was delayed by the median of the ascending channel and 0.5fib. I expect the resumption of the upward movement to price levels of $ 172-175-181 in the short term. Also, it is worth noting that if the price bounces from the first or second target, and will consolidate, most likely, we will see a model of a bull flag . One way or another, these are formations positive for the market, and, after confirming the continuation of the upward trend, we can quite see $ 200-210.

Buy signal:

Buy zone: $ 162.5-166

Target 1: $ 172
Target 2: $ 175
Target 3: $ 181
Target 4: ...

Stop-loss: $ 157.2

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#Eth
Bitcoin-like chart. There is also an imbalance in customer liquidity. I indicated on the chart areas of increased liquidity, from where the price will again be able to resume the upward trend. Very promising coin!

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