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3X Long Ethereum Token3X Long Ethereum Token3X Long Ethereum Token
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3X Long Ethereum Token

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ETHBULLUSD trade ideas

ETHUSD Locked in a Range for the Short TermThe instrument is in a consolidation phase with a bullish bias. The price action shows that it is pulling at the ropes to push through higher but it has been held back by the bearish phase in the cryptos. On the technical side, a break through the $1160 region should lead the prices higher into the $1240 region which should act as the next region of resistance/selling. On the lower side, the instrument is expected to get some strong support in the $1000 region and these price regions should hold the price action for the short term.
BITFINEX:ETHUSD
by cryptonewsindia
Bearish move - short Ether is currently trading in a well formed rising wedge. This is an indication of a bearish move and there are possibilities it may breach the bottom trend line (orange). If it breaches it then it will find support at fib level 0.618 (~$693). 2nd support could be found at fib level 0.5 (~$676). These support levels could be possible reversal zones for Eth (The zones are marked in Blue in the graph). So, watch out. Please feel free to revert with your feedback. Thank you!
BITSTAMP:ETHUSDShort
by rony.kris