ETHUSD testing resistance, potential reversal!
ETHUSD is testing our first resistance at 166.02 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal overlap resistance) where a potential reversal might occur pushing price down to our major support at 142.85 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is testing resistance at 92%, where we might see a potential drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89, 5, 3) is testing resistance at 92%, where we might see a potential drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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