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ETH: Bullish Move

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ETH has been ranging in this triangle pattern for around 53 days. It is finally showing signs of a potential breakout. RSI is showing the same on the daily.

S&P 500 had a nice break to the upside as well recently, which tells me that confidence is starting to come back into the markets in the short to mid term.

Local resistance charted above around $3,050 and $3,200.

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