quantguy

Ethereum Holds the Mid $1300's

Short
BITSTAMP:ETHUSD   Ethereum
Ethereum has held strong in the mid $1300's. We have leveled off around $1341, forming a bull flag pattern. The Kovach OBV has picked up very slightly, but not enough to signal a divergence. if we are able to break out, then we will face immediate ressistance from $1368, but after that $1424 is the next target. If we reject current levels then we should see quick support at $1288, then $1235.

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