BTCE:ETHUSD   Ethereum / Dollar
It's not like you can make technicals on crypto, but I needed to see what's going on.

May, slopes and trends.
Comment: If we have a rejection tomorrow we can see a drop. Here is comparison with BTC and their case from mid April.

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Comment: wow, just wow.

Stable, STABLE growth. In contrast with BTC, we don't see almost any volatility. I was thinking about it and the graph is just beautiful, stable. I bet the bankers love it. It's already a fact that ETH become the most 'secure' platform for miners. The stable growth, makes miners and bankers consider it for real.

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Comment: The daily bottom testes nicely so far this morning. I'll take it, since I don't have much of time to keep track today.
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Comment: Ok we survive the first drop from the 120+ pricing. It took bit extra time but indeed retraced to the exit of the sine channel. Based on that retrace I consider the oscillation cycle done, so those levels are now 'secure'...
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Comment: Our trendline seem to holding. On 27th Noontime we see oversell and 'quick' recovery, which leads me to believe that's current support level. Also the pattern seems like a Bat to me, so I added up fib retrace on those levels too see how it fits.

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I'm hold.
Cheers and happy trading.
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