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FrenchysCrypto
Feb 19, 2019 9:38 PM

ETH Rising Wedge--First Target is $141.65 Short

Description

ETH has entered into (what appears to be) a rising wedge pattern on the hourly time frame--a bearish indicator. Further, the price has begun to consolidate around the 12-hour EMA (half-day average)--which may indicate a trend exhaustion and re-test of the 48-hour EMA (2 day average) that coincides with the classical target of the rising wedge

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