ETH/USDEthereum rallied a bit during the trading session on Thursday, after bouncing from a significant trend line. It did struggle at the $1100 level from what I see, so having said that I am a bit cautious. If we can break above the $1100 level, then I think we could go bit higher, perhaps as high as $1300 level. The lack of volume continues to be a serious problem, as rallies continue to be very light. Because of this, I am a bit cautious, so I would be very slow to add to any long positions. I suspect that this could be a bit of a “dead cat bounce.” ETH/BTCEthereum markets rallied a bit against Bitcoin, but on almost no volume. Because of this, it appears that the market is entering a consolidation phase, somewhere between the 0.08 level on the bottom, and the 0.10 level on the top. Because of this, I think that the market continues its sideways action overall. Thanks for watching, I’ll be back tomorrow. Ethereum Analysis January 19, 2018 was last modified: February 14th, 2018 by Christopher Lewis