quantguy

Ethereum Facing Resistance

BITSTAMP:ETHUSD   Ethereum
Ethereum made a run for higher levels, but appears to be facing resistance at the 0.618 Fibonacci level. This coincides with our technical level at $3646. We are finding support at $3461 at the moment, as confirmed by a green triangle on the KRI. If this does not hold, we should find further support at $3341, but after that, we will find ourselves back at the bottom of the $3K handle.

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