quantguy

Support for Ethereum??

Long
BITSTAMP:ETHUSD   Ethereum
Ethereum has tumbled, retracing May's gains entirely. We briefly saw the $1000 handle again, which would be difficult to believe if we told you that a week ago when ETH was over $4K. This was swiftly bought back to the $2K handle where it is currently finding support at $2659. The Kovach OBV is bearish but seems to be picking up. If momentum continues, watch for resistance again at $2980. This is the final level before the $3K handle.

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