It might not look like much, but I see an ascending wedge that is also supported by the RSI. Everything is still going according to my last Ethereum post.
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KDJ is rounding pretty hard currently, & Weiss Wave Shows a change in momentum, albeit even currently small. That's how it usually always starts. It is something to keep an eye on.
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Going to need some strength to push down here as well, like before.
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Ts/Ks cross on the 4hr, target is top of red cloud I'd wager. Since this is still a bear market, I wouldn't anticipate a direct hit. Probably within the vicinity will be enough to satisfy.
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Going to need a boost in volume though, OBV is less than impressive and if we're going to at least confirm resistance we're going to need to see some action.
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Going to have to bust this open to get higher here, but good news albeit early and minimal volume appears for the time being to be increasing.
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.........Wait for it
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Looks like everyone is going to get caught looking down once again....
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Similar formation on ETHEREUM, target is approx. $220.