quantguy

Ethereum Dumps!!

Long
BITSTAMP:ETHUSD   Ethereum
Ethereum has sold off with the rest of the crypto market, following Bitcoin's lead. We have found support at $3186, a Fibonacci level from prior. After this, ETH was swiftly bought back up to support at $3470. We will have further resistance from $3646 and it will take some momentum to push through this level. We have a bit to go before considering all time highs again, but momentum should pick up soon. We anticipate the market to feel out current levels before building up momentum for another breakout.

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