Ethereum
Short

ETHUSD approaching resistance, potential drop!

3 266
ETHUSD is approaching our first resistance at 131.59 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension , 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 105.14 (horizontal swing low support).
Stochastic (89,5,3) has reversed off resistance and we might see a corresponding drop in price.
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