ETHUSD approaching support, potential bounce!

11 בינו׳ 2019

ETHUSD is approaching our first support at 115.87 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a potential bounce might occur pushing price up to our major resistance at 141.54 (50% Fibonacci retracement).

Stochastic (55, 5, 3) is approaching support where we might see a potential bounce in price.

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