quantguy

Ethereum Breakout??

Long
BITSTAMP:ETHUSD   Ethereum
Ethereum has been holding the range between $3324 and $3473. There are several red triangles at this upper bound, suggesting that we should see some resistance here, however momentum is building and we are seeing a sharp uptick in the Kovach OBV which suggests we may be nearing a breakout. The next level above is $3563. Levels from below include $3324 and $3200 if we retrace.

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