Long

Ethereum Tests the mid $3K's

Ethereum has risen gradually from the low 3K handle to just below $3400. We appear to be caught in a very narrow range between our levels at $3324 and $3416. The Kovach OBV has risen slightly, but is still paltry with respect to the prior selloff. There is a red triangle on the KRI which could suggest that resistance is forming at $3416. If so, then watch for support at $3324 and $3200. If we are able to break out further, then the next targets are $3473, $3563, then $3646.

quantguy

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Ethereum Edges Up in the $3K Handle

by quantguy

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