ETHUSD approaching support, potential bounce!

ETHUSD is approaching our first support at 76.91 (100% Fibonacci extension, horizontal swing low support) where a strong bounce might occur above this level pushing price to our major resistance at 100.38 (100% fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback resistance).

Stochastic (89,5,3) is testing our support and we might see a corresponding rise in price.

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