We are Buying the ETH Dip.
Updated
Ethereum - Intraday - We look to Buy at 335.8
We have seen this rejection of rallies again overnight with 355 becoming a formidable barrier.
The price is in a rising wedge pattern.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
We look for a temporary move higher.
We look to buy dips.
Support is located at 335 and should stem dips to this area.
Resistance: 340.0 / 346.0 / 350.0
Support: 337.0 / 334.0 / 330.0
Signal Centre
We have seen this rejection of rallies again overnight with 355 becoming a formidable barrier.
The price is in a rising wedge pattern.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
We look for a temporary move higher.
We look to buy dips.
Support is located at 335 and should stem dips to this area.
Resistance: 340.0 / 346.0 / 350.0
Support: 337.0 / 334.0 / 330.0
Signal Centre
Trade closed: target reached
Closed at $340 from 335.2
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