Ethereum and Bitcoin extending triangle consolidation, not the time for downside breakout yet

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Ethereum and Bitcoin extending triangle consolidation, not the time for downside breakout yet

Ethereum is struggling in tight range above 2500 in quiet Asian session. It’s staying in the consolidation pattern from 2157, probably in form of a triangle. That is another rising leg could be seen as before the consolidation completes. But judging from current price actions, upside should be limited by 55 day EMA (now at […]

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