CRYPTANALYSIS - HOUSE VIEW ON KEY ALTCOINS

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28.TECHNICAL ANALYSIS: ETHUSD (Published: 21st Jul, 2017)
ETH/USD was rallying previously, but faced some resistance at $240. There was a significant correction afterwards, weakening the upward momentum. The price touched and rebounded from the Ichimoku cloud, while ADX was also showing bearish signal. Hence, we could expect another dip at around $200 support level, and see later to determine if it is able to have a bounce back to $240.

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