ETHBTC Where do we go from here? 48 hours

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Our chart suggest at 0.123 we have


1. Fibonacci level
2. previous support and resistance (round number)
3. upper band of 2 SD Bollinger band

What happened last 48 hours?

1. We broke out of both trend lines and Fibonnaci level
2. slight taking profit activity with retest of trend line at 0.094
3. today buy in activity took us to above 0.100 again

Possible scenarios
1. Consolidation at the above 0.100 level awaiting locking in (Likely)
2. Further move up

Of course, No lock in Money will fly out of the market again. So Please follow Money Management techniques

In view of building support behind BIP91 we may continue Bullish trend

xbt.eu/



suggest taking profit before that level for short term holders

Long term holders are in good shape with Ethereum

please refer to my previous chart

Please do your own research
Best of luck everyone


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trading closed on it till market shows clears up
BTCBTCUSDEthereum (Cryptocurrency)ETHUSDLTCTrend Analysis

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