Ethereum has tested highs, and inched out a new all time high. Currently it is facing some resistance at $4450. The Kovach OBV is quite strong, so the bull momentum is likely to persist. If so, then $4616 is the next target. However, $4450 is providing some pretty strong resistance, so we may retrace back to support at $4258. If so, expect a consolidation pattern like a bull wedge or flag to form before another attempt at a breakout. Watch the vacuum zone below to $4020.
Trade closed: target reached:
Profit target reached at $4616!!
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