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ETHUSD held up by ascending support line!

Por ICmarkets
Corretora

ETHUSD bounced off its ascending support at 712.54 (76.5%, 61.8%, 61.8%, 50% Fibonacci retracement, horizontal overlap support) where price could potentially rise further to its resistance at 803.44 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance).
Stochastic (89, 5, 3) made a corresponding bounce off its support and has a lot of upside potential.
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ICmarkets
Corretora
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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