quantguy

Ethereum Tests Lower $4K's

BITSTAMP:ETHUSD   Ethereum
Ethereum dipped sharply to test the very lower bound of the $4K handle. We are seeing support just below that with a green triangle on the KRI. If we continue to dump, then we will have support at $3861, then there is a vacuum zone to $3646, where we should see strong support. If we are able to press higher, the next target is $4258. We anticipate ETH to establish value between $4K and $4258. But if not, be ready to buy back at those lower levels

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