Though bulls were hopeful that Ethereum would be able to pull off higher levels in the $3K handle and eventually test the 
4K's again, we sold off hard with the rest of the crypto market. We were holding a nice range between $3324 and $3473, with an apparent bull flag forming, however we simply could not sustain these levels and promptly dumped to $3200, the exact level we called out in these reports. We should have strong support from two technical levels around $3200 but if not, we could retest the base of the $3K handle, essentially retracing this entire move. It is doubtful momentum will pick up any time soon, as the Kovach OBV has slumped. But if it does, then we must break $3473 before we can consider our next target at $3563.
4K's again, we sold off hard with the rest of the crypto market. We were holding a nice range between $3324 and $3473, with an apparent bull flag forming, however we simply could not sustain these levels and promptly dumped to $3200, the exact level we called out in these reports. We should have strong support from two technical levels around $3200 but if not, we could retest the base of the $3K handle, essentially retracing this entire move. It is doubtful momentum will pick up any time soon, as the Kovach OBV has slumped. But if it does, then we must break $3473 before we can consider our next target at $3563.
Join my discord at discord.io/quantguy
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Join my discord at discord.io/quantguy
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.