JustChartThings

#Ethereum #cryptocurrency back at reasonable levels but still

COINBASE:ETHUSD   Ethereum / U.S. Dollar
highly correlated with Bitcoin (https://www.sifrdata.com/cryptocurrency-...). Really just waiting on Bitcoin to confirm bullish reversal or bearish continuation. Under bearish conditions, dip buying $400-$500 for Ethereum , where support is significant, would provide good risk/reward levels. Under $400 and support is nearly non-existant outside of psychological round number levels. Bullish case would be support building/price stabilization around $700 breaking current trend down, followed by increasing volume on the breakout of that range.
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