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ETH taps $100

Ethereum (BITSTAMP:ETHUSD)  
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BITSTAMP:ETHUSD   Ethereum
Trend Analysis Chart Patterns Technical Indicators Ethereum (Cryptocurrency) ethereumforecast ethereumusd ethereumlong ETH ETHUSD ETHBTC Cryptocurrency crypto
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trendanalysis chartpattern indicator ethereum ethereumforecast ethereumusd ethereumlong eth ethusd ethbtc cryptocurrency crypto
  • ETH continued its climb higher over the weekend but was stopped just shy of $100
  • After retesting the lows near $84, we saw price bounce sharply above the S/R flip zone
  • This support OB held nicely all weekend but we are starting to see some weakness enter the market
  • We have currently broken below support and are now trending lower towards the demand zone near $86
  • This demand area needs to hold or else the lows will be swept on a stop run
  • ETH needs to regain the OB we just broke below to get back into the range and try to test the supply zone above

Thanks guys!
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