EthereumLong
ETHUSD approaching support, potential for bounce!
ETHUSD is approaching our first support at 163.68 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where we might be seeing a strong bounce to our major resistance level at 178.93 (horizontal swing high resistance). Stochastic is approaching support where we might be seeing a bounce above this level.
Trading CFDs on margin carries high risk.
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Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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