Ethereum
Short

ETHUSD approaching resistance, potential reversal!

1 761
ETHUSD is approaching our first resistance at 101.8 (61.8% Fibonacci extension , 38.2% Fibonacci retracement, horizontal overlap resistance) where a strong reversal might occur below this level pushing price to our major support at 87.55 (100% fibonacci extension , 76.4% Fibonacci retracement , horizontal swing low support).

Stochastic (21,5,3) is also approaching resistance and we might see a corresponding reversal in price.

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