quantguy

Support for Eth??

Long
BITSTAMP:ETHUSD   Ethereum
Ethereum has not caught the lift from the broader crypto market. It remains at support at $2400. This is a strong level of support and we are long here. If this level does not hold, $2232 will certainly provide support and will be the next level we look to accumulate. The Kovach OBV is very bearish and has flat lined. This shows that there simply isn't much life in this market for the moment. If ETH forms a bull wedge as we have anticipated it should find support at $2400 and seek out $2800 again.

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