Expert opinion: bearish #ETH (from Coinsradar.net)
ETH is rising towards an overlapping resistance level that coincides with the 50% Fibonacci retracement level, and may reverse from this level and reach our profit target.
Entry point: 3,822.96
Reason: There is an overlapping resistance level that coincides with the 50% Fibonacci retracement level.
Stop loss point: 3,872.83
Reason: There is a pullback resistance level.
Take profit point: 3,774.77
Reason: There is an overlapping support level that is slightly above the 78.6% Fibonacci retracement level.
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