Tickmill
Long

Ethereum right on major support, watch for a potential bounce!

COINBASE:ETHUSD   Ethereum / U.S. Dollar
Ethereum             has dipped to our first major support nicely as expected. Support is at 1162 ( Fibonacci retracement , horizontal pullback support) where a further rise could occur from to push price up towards 1282 resistance ( Fibonacci extension , horizontal pullback resistance, elliott wave structure).

RSI (34) is seeing ascending support hold up price really well in this bullish run.

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This analysis is provided as general market commentary and does not constitute investment advice.
wrong way i think this time...
Reply
will drop even more!
+4 Reply
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