ETHUSD still trading in wedge.
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If BTC falls then expect ETH to fall with it. It seems the entire cryptoverse moves with BTC down to the lowest alt-coin. But, if ETH finds support it will be at the lower wedge support around 1065-1075. If we bounce, place longs for a return to 1220 or the top of the wedge resistance line. Watch for another oscillation before a break out to the top or bottom. Stay nimble my friends. Don't get caught in positions. Use proper trade management and don't chase prices. Wait for pullbacks during trends and don't be afraid to lock in profits.
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I've taken profit on my ETH trade and moved into cash.
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