CSlade3

Ethereum stalling at key level

Long
COINBASE:ETHUSD   Ethereum
After soaring off the lows (70% from low set on the 6th) Ethereum has run into the key $950 area. Was the low set on 8th Jan, and acted as support through mid-late January until breaking in February. Also is the 50% level in the pitchfork and 50% fib retrace of the decline is slightly higher at $987. The RSI has also failed to push above 50, but did breakout of the descending channel. Still bullish and believe we'll test the ATH.
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