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Ethereum right on major resistance,prepare for a potential drop!

Short
Ethereum (COINBASE:ETHUSD)  
Tickmill Broker  
COINBASE:ETHUSD   Ethereum
Trend Analysis Harmonic Patterns Chart Patterns Ethereum (Cryptocurrency) ethereumshort ethereumlong ethererumidea ethusdidea ethusdshort ethusdlong Bitcoin (Cryptocurrency) Cryptocurrency
98
2
trendanalysis harmonicpatterns chartpattern ethereum ethereumshort ethereumlong ethererumidea ethusdidea ethusdshort ethusdlong bitcoin cryptocurrency
Ethereum is now testing our 1st resistance at 784 (multiple Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to drive prices down to at least 564 (Fibonacci extension, horizontal swing low support).

Stochastic (34,5,3) is seeing major resistance at 96% where a corresponding reaction could occur.

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