Ether's break below the up trend line off September's low appears false

Today Ether rallied above the trend line & the 10- and 55-DMAs

Ether rallied 2407.70-2668.35, hit a 6-session high, up +9.71% in NY

Rally driven by US election results which may be cryptocurrency friendly

Longs now face 2720/2820 resistance, may need a catalyst for that to break

Final tally for US House of Representatives remains up in the air

If Republicans hold the house crypto currencies may get an added lift

Republican control of White House & congress makes passing policy easier

Ether break above 2720/2820 brings 3220/3240 resistance into focus

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