Ethereum Ranging

٣٠ أغسطس ٢٠٢١

Ethereum has caught support from 3K or so, and bounced back to the $3100's after testing higher levels. We had noted the head and shoulders pattern with a slanted neckline at 3K or so, which has has stubbornly refused to break. Recalled that failed H&S patterns are to be considered a bull sign, however ETH doesn't really appear to be moving much either way at this point. It seems, like the rest of the cryptos, to be content with its current range for now.