Magic_Wike

ETH locked and loaded - triangle breakout

Long
BITSTAMP:ETHUSD   Ethereum
ETH looking very bullish. Fell out of ascending channel into symmetrical triangle, indicating continuation of uptrend. RSI looks healthy, MACD looking like its about to cross into the green.

Currently riding the 50MA and trying to break out of triangle. Want to see continued high volume, there are also some signs of overextension, but currently are outweighed by bullish signs imo.

4400 is an important level to close above

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