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Ethereum Rounding Top!!

quantguy tarafından
Ethereum has lost some momentum after making new highs at $1872 or so. It is forming a rounding top by making subtly lower highs. This suggests a retracement is near, or at least some ranging about current levels. The Kovach OBV has fallen off dramatically. Suggesting a lack of momentum that wont take us back to ATH's any time soon. Watch $1748. If it breaks this level we have support at $1695 and $1653. Both are Fibonacci and Technical levels, and should be considered buying opportunities.
Bitcoin (Cryptocurrency)blockchainChart PatternscryptocurrenciesETHEthereum (Cryptocurrency)ghostsquawkTechnical IndicatorskovachTrend Analysis
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