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Ethereum approaching major resistance, watch for reversal!

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Ethereum (COINBASE:ETHUSD)  
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COINBASE:ETHUSD   Ethereum
Trend Analysis Harmonic Patterns Chart Patterns Ethereum (Cryptocurrency) ethereumlong ethereumshort ethereumidea ETHUSD ethusdidea ethusdlong ethusdshort Cryptocurrency
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trendanalysis harmonicpatterns chartpattern ethereum ethereumlong ethereumshort ethereumidea ethusd ethusdidea ethusdlong ethusdshort cryptocurrency
Ethereum is approaching major resistance at 1144 (Fibonacci retracement, horizontal overlap resistance, pullback resistance) and a strong reaction could occur at this level to drive price down to 927 support (Fibonacci retracement, horizontal swing low support). Do be aware that we’re seeing intermediate support at 1015.

Stochastic (34,5,3) is seeing major resistance at 98% where a corresponding reaction could occur.

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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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