ETH struggles to find direction

  • Ethereum price action shows little has changed from the open.
  • Inside bar on the daily chart can present opportunities.
  • The price range for a breakout trade in either direction is tight.

Ethereum price action is very constricted during today’s trading. A primary reason for this consolidation goes beyond the volatility of yesterday’s trading. There is a very tight $100 range above and below the $3,400 value area where Ethereum has a near equal opportunity to…


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