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TradeTheWave

ETHUSD Price breaking through 2 month resistance to the Upside.

Long
Ethereum (BITSTAMP:ETHUSD)  
TradeTheWave  
BITSTAMP:ETHUSD   Ethereum
Chart Patterns Trend Analysis
7
2
chartpattern trendanalysis
price action breaking through 2 month resistance set back at the beginning of September on a upwards momentum trend line of ETHUSD. MACD indicating a strong surge of buyers driving the price through resistance at $391.45 to a possible $503 a %160 fib trace. Relative strength is overbought territory and is limited to short term gains. Price will likely trace to meet formidable resistance. Look for gains of up to %20.
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