ETHUSD testing resistance, potential reversal!

٧ يناير ٢٠١٩

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.

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