ARESABI

ETHUSD - Repeating Pattern (Trend Based)

Long
BITSTAMP:ETHUSD   Ethereum
The price of Ethereum (ETHUSD) is moving towards the previous high at 253.43 with a strong impulse.
This move is supported by increasing buy volume and a Bullish Crossover of the EMA 20 and the MA 50,
which lead to a price increase of 23.58%.
According to this idea, we can use the green zone to enter a long position with our previous high (253.43) as the first target.

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