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Ethereum
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Etherium target reached perfectly, prepare for another reversal!

Oleh Tickmill
Broker
Etherium has dropped perfectly to our major support previously. We now forecast it to make a recovery to 910 resistance where another reaction could occur (Fibonacci retracement, horizontal overlap resistance, descending resistance momentum). Our major support is at 781 (Fibonacci retracement, Fibonacci extension, horizontal swing low support).

Stochastic (21,5,3) is seeing major resistance below 96% where a corresponding reaction could occur.

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Chart PatternsCryptocurrencyEthereum (Cryptocurrency)ethereumideaethereumlongethereumshortETHUSDethusdideaethusdlongethusdshortHarmonic PatternsTrend Analysis
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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