Morning Technical Newsletter ETHEREUM
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12/17/2018
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Intraday target: $90 Long-term target: $60



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Accumulating on dips and / or buying a breakout may be a long term winning strategy. Just keep in mind that this falling wedge may technically allow a price < 40$, even if that's not much likely. So don't be too eager. If you wish to accumulate do it by buying small lots.

ETH LONG
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Target: 116.50 Risk: 92.15 Technical reasons: Ethereum price begins bullish correction from 83.00 areas, and the first correctional target at 116.50. Surpassing 98.75 is required to confirm the continuation of the rise, while breaking 92.15 will stop the bullish correction and press the price to decline again.

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