ETHUSD reversed off resistance, potential for further drop!
ETHUSD reversed off our first resistance at 94.21 (50% Fibonacci retracement , horizontal swing high resistance) where a further drop might occur below this level pushing price to our major support at 85.85 (61.8% fibonacci extension , horizontal swing low support).
RSI (21) has reversed off resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
RSI (21) has reversed off resistance and we might see a corresponding drop in price.
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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