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CRSpencer93
Dec 3, 2020 3:47 AM

Ethereum Ascending Triangle - Bullish Continuation? Long

Ethereum / TetherUSBinance

Description

ETH is forming an ascending triangle on the 1H timeframe, succession of higher lows and repeated tests of the resistance around $602. If resistance breaks we'll be looking back up at the high of $635.70, stop losses in place beneath the ascending trendline incase of a breakdown.

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This is playing out well, intrigued to see the reaction at $635.
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