Ethereum sell the breakdown.
Updated
Ethereum - Intraday - We look to Sell a break of 2488 (stop at 2555)
A bearish Head and Shoulders has formed.
A break of bespoke support at 2500, and the move lower is already underway.
Bearish divergence is expected to cap gains.
We are trading at overbought extremes.
A higher correction is expected.
Our profit targets will be 2303 and 2251
Resistance: 2600 / 2700 / 2800
Support: 2500 / 2400 / 2300
A bearish Head and Shoulders has formed.
A break of bespoke support at 2500, and the move lower is already underway.
Bearish divergence is expected to cap gains.
We are trading at overbought extremes.
A higher correction is expected.
Our profit targets will be 2303 and 2251
Resistance: 2600 / 2700 / 2800
Support: 2500 / 2400 / 2300
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