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Forex_Academy
Jun 4, 2018 1:56 PM

Ethereum - breakout needs confirmation Long

Ethereum / DollarBitfinex

Description

ETH/USD has made a valid breakout above the outside sliding line (SL) of the descending pitchfork. The breakout needs to be confirmed before we can think at a further increase. The rate could come down along the SL to retest the LML before will jump much higher towards the 50% line.
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