Ethereum Analysis December 13, 2017

ETH/USDEthereum broke out over the last day, clearing the $500 level. It now looks to go parabolic and race towards the $600 level, which is the extension of a measured move from the previous rectangle. $600 should offer resistance, so look for a pullback at that point. $500 should be support going forward.
 
ETH/BTCEthereum continues to rally against Bitcoin, but as I stated yesterday, the 0.035 level is offering resistance. At this point, it looks likely that a pullback could happen, but