EthereumShort
Ethereum DUMPS!! Why We Don't Expect a Buyback Soon...
Ethereum has tumbled into the low 3K handle, giving up hopes that we could break out from a bull wedge pattern and test 
4K's again. We have sliced through all of our levels in the mid 3K's, but appear to be finding support at $3324, confirmed by a green triangle on the KRI. If so, anticipate Eth to form value in this new price territory, with $3414 and $3473 to provide resistance if we see a relief rally. If the bleeding continues, then $3200 is the next psychological and technical level to provide support, which is exactly where our sights are set to load up on a long position. Both Kovach momentum indicators are bearish, which may suggest that we are encroaching on oversold territory and due to find support soon.
4K's again. We have sliced through all of our levels in the mid 3K's, but appear to be finding support at $3324, confirmed by a green triangle on the KRI. If so, anticipate Eth to form value in this new price territory, with $3414 and $3473 to provide resistance if we see a relief rally. If the bleeding continues, then $3200 is the next psychological and technical level to provide support, which is exactly where our sights are set to load up on a long position. Both Kovach momentum indicators are bearish, which may suggest that we are encroaching on oversold territory and due to find support soon.
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