quantguy

Ethereum Gives Up $2K!!

Short
BITSTAMP:ETHUSD   Ethereum
Ethereum has met resistance in the low $2K's, and given up the $2K handle entirely. It fell with the crypto selloff to $1950 or so, where we are currently finding support. The Kovach OBV is very bearish, and the price action is rounding off, all ominous signs. If we break down further, we should have support from lows in the low $1700's. If we are able to attempt a breakout, then $2K should be a barrier with $2143 a ceiling for now.

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