April 22' CME Micro Ethereum Stopped At Resistance!

April 22' CME Micro Ethereum Futures' advance was halted at the 50% Fibonacci Retracement level (3544)

Old resistance around 3222 (.382 level) has now become support and NEEDS to hold in order to keep the bull trend alive.

If this fails, I could see it falling to the 2650 area, which would be the last line in the sand for the bulls.

-Paul Wankmueller
FibonacciSupport and ResistanceTrend Analysis

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