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Ethereum Support and Resistance Update

KRAKEN:ETHUSD   Ethereum / Dollar
Following the Long trade off Support at 10.92 and the close at the target of 15.79 Ethereum is now range bound. We could see tests of the Support and Resistance here over the next few days. There are no timing elements on the Daily for a few days.

Despite all of this bad news and strong retracements the trend on the Weekly remains bullish . The hold of support gives this proof.

I will be looking to play smaller timeframes in between these levels and expect a sentiment change when one is broken to either side.

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