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Ethereum
Short

Ethereum Clings to Support

By quantguy
Ethereum has dumped to the base of the 3K handle. Although it is finding support at current levels, confirmed by several green triangles on the KRI, we do appear to be forming a bear flag. If we dump lower, anticipate support at $2852 and $2762. If we catch some momentum, $3200 is a good target, but it will provide strong resistance and is a likely ceiling for now.
altcoinsBitcoin (Cryptocurrency)blockchainChart PatternscryptoETHEthereum (Cryptocurrency)Technical IndicatorskovachquantguyTrend Analysis
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