Ethereum Buy a break setup.
Updated
Ethereum - Intraday - We look to Buy a break of 3213 (stop at 3157)
With signals for sentiment at oversold extremes, the dip could not be extended.
Trend line resistance is located at 3180.
20 4hour EMA is at 3150.
The previous swing high is located at 3212.
The medium term bias remains bullish.
A higher correction is expected.
Our profit targets will be 3368 and 3418
Resistance: 3200 / 3300 / 3400
Support: 3100 / 3000 / 2900
With signals for sentiment at oversold extremes, the dip could not be extended.
Trend line resistance is located at 3180.
20 4hour EMA is at 3150.
The previous swing high is located at 3212.
The medium term bias remains bullish.
A higher correction is expected.
Our profit targets will be 3368 and 3418
Resistance: 3200 / 3300 / 3400
Support: 3100 / 3000 / 2900
Trade closed: target reached
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