Where to Buy Ethereum??

Jan 20, 2021

Ethereum seems to be retracing quite a bit from all time highs. It is currently flirting with support from a trend line. On a broader scale, we could be forming the first leg of the next 5-3 Elliott Wave. It is also the case that we could be forming a sideways corrective phase. Time will tell, and how ETH behaves moving forward will be very telling. Watch for it to break highs or retrace further. It does look a bit weak, and the Kovach OBV has turned sharply. So anticipate testing lower levels or at least ranging. The levels $1211, $1105, and $1030 will be good entry opportunities.