Ethereum is getting bounce from the strongest support

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Hey friends hope you are well and welcome to the new update on the Ethereum coin.

The price line of ETH has formed a broadening formation and again taking bounce from the support of this pattern.
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There is also 50 simple moving average support as well.
After the bounce, the next move can be up to 0.05 btc, and definitely, it will be a more powerful move against the USD as well.
The support of the broadening formation should be used as a stop loss.

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