ETHUSD approaching support, potential bounce!

2019년 1월 29일

ETHUSD is approaching our first support at 102.04 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where a strong bounce might occur above this level pushing price up to our major resistance at 118.61 (horizontal swing high resistance, 23.6%, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.