Ethereum
Panjang

Ethereum Contiunes to Range

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Ethereum has been ranging, with $1750 as a steadfast lower bound. It is looking pretty weak and if Bitcoin continues its retracement, we could break $1750, and hit $1694, or $1653. The latter should provide support as it is the neckline of our inverse head and shoulders pattern. We are seeing the Kovach OBV pick up, however, so this divergence could be good for ETH. A lift could take us to $1821, $1872, or back to highs at $1906.

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