quantguy

Ethereum Dips From Highs

Long
BITSTAMP:ETHUSD   Ethereum
Ethereum has edged lower from highs, but appears to be finding support at $4258. We broke through that over the weekend, but several green triangles on the KRI suggested strong support. The Kovach OBV has barely registered the dip, but has started to taper up again, suggesting a bull bias. If support holds, we should be able to make another run for highs at $4450. If not, watch for continued support around $4258, but watch the vacuum zone down to $4020.

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