Ethereum has really been surging and this surge is on expected lines as their were number of factors which comprise together to get this script where it is trading currently and those factors I have discussed in detail in my last update i.e. https://steemit.com/ethereum/@jimmyrai28/ethereum-eth-usd-update-12-12-2017-rally-still-has-more-legs-to-go-on.
Lets take a quick look at chart below before going any further.....
One can clearly notice on chart above that after breakout this scripts trajectory is still up as it is still creating higher highs and highers lows on closing basis.
Though the volumes are below average but those can surge anytime but one should always trail stop loss as swift corrections can also happen.
At the time of writing this analysis Ethereum is trading at $739 and 10 days EMA is laying at $664, so this script can also correct to test this level and if this level held that time then that will be good Buying opportunity to add to longs or enter fresh in this script.
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