Sherem

ETH/USD In the dolldrums!

BITSTAMP:ETHUSD   Ethereum
Not to much to report from the last chart, in fact I didn't change any of the indicators I put on the chart last time. A couple important notes, the smaller trendline has not mattered at all. It's gone sideways right past it. This definitely DOES NOT mean its broken out in any regard. Right now its best to sit on your hands, go do something you enjoy doing and don't worry about the market. We have our positions in place if it breaks down and if it breaks up we will be able to re-evaluate and see where a good entry point is.

Best,
-Sherem

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