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ETHUSD approaching support, potential bounce!

ETHUSD is approaching our first support at 137.12 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 142.87 (Horizontal swing high resistance, 38.2% fibonacci retracement).
Stochastic (89,5,3) is also approaching our support where we might see a bounce in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.

Chart PatternsETHETHUSDethusdlongethusdshortHarmonic PatternsTrend AnalysisUSD

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