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Ethereum: Descending Triangle

ETH/USD, 1 day    LONG Nov 7
It looks like a descending triangle is found and ETH/USD wants a steady move to confirm descending triangle breakout. A descending triangle describes a compelling bullish indicator that often results in that prices are likely to keep rallying upward when price breaks above resistance. A rangebound to 2700 is possible on a breakout of the descending triangle.
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