easyMarkets
Long

ETHUSD approaching support, potential bounce!

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
ETHUSD is approaching our first support at 115.46 (horizontal swing low support, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a potential bounce might occur pushing price up to our major resistance at 140.91 (50% Fibonacci retracement ).

Stochastic (21, 5, 3) is testing our support where we might see a bounce 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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Looking for the bounce as well. We're up 45.19% in the last 30 days and riding the rollercoaster the best we can lol
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