quantguy

Ethereum Ranging

Short
BITSTAMP:ETHUSD   Ethereum
Ethereum is tending toward the lows of the range at $1288. We anticipated this, and frankly, it's getting a little boring. If we are able to pivot, then $1341 will provide resistance and should be considered a ceiling. If we can break through current levels, $1235 is most assuredly a floor, so range trading is the best strategy for now as it has been for the past month or so. Congrats to those who have banked off of these reports (thanks for your messages).

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