The resistance around $1200 seems very strong. right now we have to see which side of the triangle, drawn in the chart, ether will go.
My thoughts of this trade seem very positive because the MACD shows load of bull signals. on the 30m chart we see that it's already on a bull rally. on the 1H chart we see that the MACD is trying to form a bull. when this happens, we will most likely see a raise, if not, well.. we have to retest $1160
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