quantguy

Ethereum Maintains Narrow Range

BITSTAMP:ETHUSD   Ethereum
Ethereum has maintained the narrow range between $4258 and $4450. A red triangle on the KRI evidences the sharp resistance we met at $4450, yet green triangles on the KRI are suggesting strong support at $4258. This could suggest a mean reversion strategy might be a good idea, however keep in mind that the longer ETH ranges, the more likely it is that it will break out. We have a vacuum zone down to $4020. There is another one above to $4670. The Kovach OBV is completely flat, suggesting that we will need momentum coming through either way before ETH makes its next big move.

Join my discord at discord.io/quantguy
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.