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Ethereum confirms its bullish bias!

Thursday, January 4, 2018 7:57 AM GMT

Following up our post, Ethereum broke out the range to the upside recording new all-time highs. Additionally, it verified the upper side and continued even higher. This would have been a decent buying setup. Ethereum seems breaking its correlation with Bitcoin as the king of Cryptos is still trying to find its own way up. In general, there are altcoins that have a different price behavior than Bitcoin. This is something that we need to watch it carefully.

H4

Heading to the 15m TF, ETHUSD has left an opening gap once again. We have noted two intraday supports (S1 + S2) which can offer intraday buying trade setups. As long as ETHUSD stays above the range, then it keeps a highly bullish momentum.

15M

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