Dani-Wales

Ascending Triangle in ETH

Long
Dani-Wales Updated   
KRAKEN:ETHUSD   Ethereum
ETH in an Ascending Triangle over short term on price action and declining volume. Fundamental news is also positive with increasing institutional interest.
Trade active:
ETH moving largely as predicted, breakout above $1440 now hitting resistance at $1670-1700. Taking some profits here and looking for discounted reentry as we continue this run. Test of previous resistance $1440-1500 is possible before a move higher towards first major resistance at $2000.
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