quantguy

Ethereum Unable to Hold $2K

BITSTAMP:ETHUSD   Ethereum
Ethereum has topped out just below our level at $2025. It seems that the $2K's are still a barrier, and we have since retreated to comfort in the high $1900's. The Kovach OBV appeared to be edging up, but has since retreated with the retracement. We should see good support from $1906, and there are two more levels below in the $1800's: $1872 and $1821, before we have a vacuum zone back down to lows. If we are able to break out and clear $2025, then $2087 is a relative high, then we can attempt $2143 again, which we anticipate to hold as a ceiling for now.

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