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Etherium dropping perfectly with good downside potential!

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Ethereum (BITFINEX:ETHUSD)  
Tickmill Broker  
BITFINEX:ETHUSD   Ethereum
Trend Analysis Harmonic Patterns Chart Patterns Ethereum (Cryptocurrency) ETHUSD ethusdidea ethusdshort ethusdlong ethereumdown ethereumshort Cryptocurrency Bitcoin (Cryptocurrency)
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trendanalysis harmonicpatterns chartpattern ethereum ethusd ethusdidea ethusdshort ethusdlong ethereumdown ethereumshort cryptocurrency bitcoin

Etherium has started to drop perfectly after breaking our ascending support line as forecasted. Our 1st major resistance is at 910.21 (Fibonacci retracement, horizontal overlap resistance) and a further drop could occur to push price all the way down to 781 support (Fibonacci retracement, horizontal swing low support).

RSI (55) has broken below our 46% support-turned-resistance line signaling that we’re starting to see a bearish move.

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