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Mar 14, 2018 5:18 PM

ETH Just broke $650 major support level, Target $400! Short

Ethereum / DollarBitfinex

Description

After testing $650 support level twice since Feb, it finally broke below this major support level after spending 3 months in a triangle where we saw lower high's on each rally. This break lower suggests that prices will now target $400 support level to the downside.

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HIt an intraday low of $450, look to sell into this strength for a continuation lower towards our $400 target.
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