quantguy

Ethereum Finds Support Below $3K!!

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BITSTAMP:ETHUSD   Ethereum
Ethereum had a big dip, giving up the $3K handle briefly. We did see support exactly at our level of $2965. It was swiftly bought back to the midpoint of the vacuum zone between this level and $3148. Although we do appear to be getting good support at $2965, this level is the barrier to a vacuum zone that will take us back to $2651, so be careful. The Kovach OBV is sloping down, and we don't seem to have the momentum yet to test the upper bound here at $3148. Keep your eyes on $2965 for support. If it does not hold then look out below.

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