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Ethereum Ranging

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Ethereum is consolidating volatility around $2651. It is showing signs of support, but this narrowing range could indicate a breakout is coming either way. From above we have a vacuum zone to $2965. If we see this pump to that level we would be forming a bull wedge pattern. There is a large vacuum zone agove that to $3473. From below we will have support from $2232, and before that at $2400, which seems to be a level ETH has respected recently. The Kovach OBV is very flat, suggesting that we need a nice spike of momentum to move this product.

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