Ethereum to $4K??
Updated
Ethereum is testing the upper bound of the range at $3646. We are seeing a red triangle on this level suggesting we may feel some resistance. The Kovach OBV is very strong, so we may anticipate a breakout. Ethereum has held this range for more than a week, and the longer volatility has consolidated, the more likely a breakout is. If so, the next target is $3861, the last level before 4K. If we retrace, there are several levels of support in the current range, but worst case we should find support at the bottom of the range at $3324.
Note
... aaaand BOOM!! Ethereum breaks out! Next stop, $3861!
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