ETHUSD Approaching Resistance, Potential ReversalETHUSD is approaching our first resistance at 148.79 (100%x2 Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a strong drop might occur below this level pushing price down to our major support at 134.38 (61.8% Fibonacci extension, horizontal swing low support). Stochastic (34, 5, 3) is approaching our 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.
ETH-USD
Ripple over ETH!?A new week begins with a great fall-off of cryptocurrencies. Bitcoin and Etherium is at free-fall. ETH, if to be precise, ETH/USD, is in the lowest levels since July 2017, falling by 13% and going down below $150, be ready for absolute bottom. It is recommended to jump from ETH and BTC to XRP right now. In recent days Ripple is at the second cryptocurrency in terms of market capitalization, above Ethereum. The market cap difference now is XRP at $19.5 billion vs. ETH $16.3 billion.Besides, XRP/USD has gained over 3.5% since the beginning of Tuesday.
Trade with caution.
ETHUSD approaching resistance, potential drop!ETHUSD is approaching our first resistance at 188.59 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 171.49 (horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance and ichimoku cloud is showing signs of bearish pressure where 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.
ETHUSD approaching resistance, potential drop!ETHUSD is approaching our first resistance at 190.81 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 175.16 (horizontal swing low support, 100% Fibonacci extension).
RSI (34) is also seeing a bearish exit 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.
ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 248.87 (horizontal overlap resistance, 50% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 206.61 (horizontal overlap support, 76.4% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where 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.
ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 222.91 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 209.17 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance where 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.
ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 222.91 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 209.17 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance where 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.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 208.27 (horizontal overlap support, 61.8% fibonacci extension, 38.2% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our majo resistance at 222.91 (horizontal swing high resistance, 61.8% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (21,5,3) is also approaching support where we might see a corresponding rise in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching resistance, potential drop! ETHUSD is approaching our first resistance at 203.27 (horizontal overlap resistance, 100% Fibonacci extension, 23.6% , 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 196.11 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where 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.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 188.15 (horizontal swing low support, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 221.22 (horizontal overlap resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 188.15 (horizontal swing low support, 100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 221.22 (horizontal overlap resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 188.15 (horizontal swing low support, 100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 221.22 (horizontal overlap resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD is approaching our first support at 188.15 (horizontal ETHUSD is approaching our first support at 188.15 (horizontal swing low support, 100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 221.22 (horizontal overlap resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 188.15 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 221.22 (horizontal overlap resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching resistance, potential drop!ETHUSD is approaching our first resistance at 249.27 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 191.99 (horizontal swing low support, 100% Fibonacci extension).
RSI (34) is also approaching 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.
ETHUSD approaching resistance, potential drop!ETHUSD is approaching our first resistance at 249.27 (horizontal overlap resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 171.41 (horizontal swing low support, 100% Fibonacci extension).
RSI (55) is also approaching 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.
ETHUSD approaching resistance, potential drop!ETHUSD is approaching our first resistance at 203.43 (horizontal overlap resistance, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 167.99 (horizontal swing low support).
Stochastic (21,5,3) is also approaching 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.