easyMarkets

ETHUSD Approaching Resistance, Potential Reversal

Corto
BITFINEX:ETHUSD   Ethereum
ETHUSD is approaching our first resistance at 148.79 (100%x2 Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a strong drop might occur below this level pushing price down to our major support at 134.38 (61.8% Fibonacci extension, horizontal swing low support). Stochastic (34, 5, 3) is approaching our resistance and we might see a corresponding drop in price.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Come join us today at : www.easymarkets.com/
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.