Ethereum Levels Off

By quantguy
Ethereum has given up the 2K's but stabilized at $1872. We are seeing strong support at this level confirmed by green triangles on the KRI. The Kovach OBV has leveled off, rescinding highs it made in the 2K's a few days ago. We should have continued support from levels in the $1800's, but after that there is a vacuum zone back to the mid $1700's, with $1653 a floor price. If things pick up, then we must break $2025 before considering higher levels.
altcoinsBitcoin (Cryptocurrency)blockchainChart PatternscryptoETHEthereum (Cryptocurrency)Technical IndicatorskovachquantguyTrend Analysis
quantguy
Join my discord at discord.io/quantguy

Related publications

Disclaimer