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ETH Going Parabolic

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BINANCE:ETHBTC   Ethereum / Bitcoin
On the log channel ETH has been increasing at a linear rate. It's recently broke out of the linear channel and the rate of price increase has gained. The price is at a higher angle of trajectory, indicating that the price is possibly moving in a parabolic fashion. Further price action is required to confirm the parabolic move. Keep an eye out of breach of the parabolic SAR and bottom trend.

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