ETHUSD approaching support, potential bounce!

2018년 10월 4일

ETHUSD is approaching our first support at 207.15 (horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 235.68 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce above this level.
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