quantguy

Ethereum Testing Mid $3K's!!

Long
BITSTAMP:ETHUSD   Ethereum
Ethereum rallied significantly, finally solidifying the $3K handle. We tested as high as $3500, before retracing to support at $3324. From here we can expect to establish value in this area, broadly speaking. Support at $3324 is looking quite weak and if we break through we will have support at $3200. There is fairly strong support there, but if that does not hold, we could retrace through the entire move through the $3K handle. Our next target above is $3563.

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