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ETH IN A CRITICAL ZONEETHEREUM is in a critical area from where it could likely breakdown. But the confirmation comes if it breaks the demand zone as well. Breaking the consolidation zone in the upper side with good volumes could give upward rally as well but that doesn't seem to be a likely case currently.
ETH possible triangle pattern breakoutLow RSI. Triangle pattern. Looks good for a bullish breakout soon.
Expect some resistance near 50DMA though.
********** THIS IS NOT FINANCIAL ADVICE. ONLY FOR EDUCATIONAL PURPOSES **********