DU09

ETH/USD - Ascending triangle to ATH

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BITSTAMP:ETHUSD   以太坊
ETH looking good. It had two opportunities to drop after a parabolic pump and we did not fall.

Now we are forming an ascending triangle which suggest a test of ATH levels at 1.4k is due. We need volume to pick up however as we push against resistance.

If we break the top resistance, then ATH re-test is in play, similar to BTC. After ATH is broken, we go moon. 5-10k likely.

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