BrushUpCrypto

Ethereum Break above or Break down ?

Long
KRAKEN:ETHUSDT   Ethereum / Tether USD
Normally, we see the price break above or break down at around 80% in the pattern and we're almost there. As you can see ETH failed to break the 20 day MA and we're stuck inside this pattern for some time now. It is not breaking the 310 support level and if we go there, I think it will bounce back to test the resistance level at around 370.

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