ETHUSD is approaching our first support at 116.12 (horizontal swing low support, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 135.07 (horizontal overlap resistance, 50% Fibonacci retracement). RSI (21) is also approaching support where 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.

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No trade here, could make the argument it goes to 80 or 140. Fundamentals aren't encouraging for this coin anymore that there are several better blockchains around fighting for share.


ETH is going nowhere soon , unless it can move past 128. This means ETH has to break past the white arrow sloping down lets assume its at 128 to 130 for good measure . Breaking past 128 to 130 can lead to a move to 140.

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