After touching 289 ethereum has corrected quite well . A range can be seen in 240 chart which it is struggling to break . A breakout to any side can happen . One should trade only after breakout . If upward breakout happened one can buy for target of 302 and if downward breakout happened one can sell for target of 230 or 200 ema in 4 hrs. Triangle formation is getting narrow and breakout can happen anytime soon.
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