Ethereum
Short

Etherium dropping perfectly with good downside potential!

2 737

Etherium has started to drop perfectly after breaking our ascending support line as forecasted. Our 1st major resistance is at 910.21 (Fibonacci retracement, horizontal overlap resistance) and a further drop could occur to push price all the way down to 781 support (Fibonacci retracement, horizontal swing low support).

RSI (55) has broken below our 46% support-turned-resistance line signaling that we’re starting to see a bearish move.

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