Can Ethereum Reach $2K Again??

Ethereum has edged down, but volatility is consilidating near our level at $1547. It does appear that we are forming a bull consolidation pattern around this level. If we are able to break out, then $1653 is the next target. We must break through this level difinitively before considering higher levels. There is a cluster of levels in the $1700's that will provide further resistance. If we retrace, we expect $1424 to be a floor for now.