Ethereum
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Ethereum Feeling Out $3800's

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Ethereum made a run for our level at $3861, but swiftly rejected this upper bound and is currently finding support in the low $3800's. We have attempted to breach this level many times, with red triangles on the KRI confirming resistance at every attempt. This is the level to break if we want to consider 4K's again. We do appear to be forming a bull wedge pattern with the upper bound at $3861, but if Bitcoin dumps, this should spill over into ETH, unfortunately. If so, $3765 and $3646 should hold with $3563 a floor for now.
Note
We finally saw the dump we have been predicting for the past week or so. As discussed in the reports, $3563 held, and the price is stabilizing just above this level in the $3600's.

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