quantguy

Ethereum Ranging. When to Buy?

BITSTAMP:ETHUSD   Ethereum
Ethereum is trending up in what appears to be a bull channel. These tend to break down so we may get lower prices soon. Overall, the crypto market is ranging and ETH is no different. It is healthy for the market to range after it has continuously established highs. The Kovach OBV has definitely leveled off and appears to be turning over. If you have any positions in ETH now might be a time to take profits, or wait for that dip to buy more. The levels $1105, and $1030 will be nice.

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