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
Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.