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ETH/USD Higher on Range Breakout: Sally Ho's Technical Analysis 18 October 2020 ETH

Ethereum (ETH/USD) gained ground early in today’s North American session as the pair appreciated to the 374.14 area after trading as low as the 371.91 area during the European session.  Earlier in the European session, ETH/USD quickly appreciated to the 375.79 area, right around the 61.8% retracement of the depreciating range from 380.00 to 369.02.  The pair’s recent climb suggests an improving bias and market sentiment that could result in additional accumulation.  Traders were able to get ETH/USD above the 371.89 level, representing the 38.2% retracement of the recent depreciating range from 387.63 to 361.38.  Another depreciating range that traders...

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ETH/USD in Tight Range with 366.31 Focus: Sally Ho's Technical Analysis 17 October 2020 ETH

Ethereum (ETH/USD) was confined to a tight range early in today’s North American session as the pair depreciated to the 365.62 area after trading as high as the 370.27 area during the Asian session.  The pair had earlier traded as low as the 363.56 area during the Asian session before climbing back to the 369.40 area.  Chartists are observing that the 366.31 and 368.10 areas remains an important technical level for ETH/USD, with significant price activity around that area.  Some Stops were elected below the 369.02 and 365.77 areas during the recent move lower, levels that represent recent relative lows. ...

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ETH/USD Dives After Stops are Triggered: Sally Ho's Technical Analysis 16 October 2020 ETH

Ethereum (ETH/USD) came off early in today’s North American session as the pair depreciated to the 361.38 area after trading as high as the 381.99 area during the Asian session.  Significant Stops were elected below the 369.02 and 365.77 areas during the move lower, levels that represent recent relative lows.  Traders encountered technical resistance around the 371.89 area during a rebound, representing the 38.2% retracement of the recent depreciating range from 387.63 to 361.38.  Another depreciating range that traders are watching is the move from 395.18 to 374.29, with the 384.74, 387.20, 390.25, and 390.71 levels as upside retracement levels. ...

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ETH/USD Remains Pressured Below 377.65: Sally Ho's Technical Analysis 15 October 2020 ETH

Ethereum (ETH/USD) was pressured lower early in today’s North American session as the pair depreciated to the 370.06 area after trading as high as the 381.14 area during the European session.  Traders have encountered technical resistance around the 50-hour and 100-hour simple moving averages following the pair’s depreciation from the 387.63 area earlier this week.  Some short-term upside retracement levels related to the pair’s recent depreciating range from the 387.63 area to the 370.06 level include the 378.85, 380.92, 383.48, and 383.87 levels.  Another depreciating range that traders are watching is the move from 395.18 to 374.29, with the 384.74,...

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Crypto Price Analysis for Oct. 14: BTC, ETH, XRP, LTC, BCH

This analysis brought to you by RoboForex. Bulls have been able to push Bitcoin past the sideways channel, so they may continue pushing it upwards to reach the next target at $12,495. If the asset fixes above this level, it may continue growing towards new highs. It’s very important for bulls to break this level because otherwise there are risks of the formation of a reversal pattern. If this level is not broken, bears may easily drop the cryptocurrency rate. Moreover, similar patterns can be found on charts of other assets, such as Litecoin and Bitcoin Cash, that’s why bulls...

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