Ethereum - Intraday - We look to Sell a break
Trading close to the psychological 600 level.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
A higher correction is expected.
50 4-hour EMA is at 531.
Trading volume is increasing.
Our profit targets will be 537.7 and 522.2
Resistance: 600.0 / 650.0 / 700.0
Support: 580.0 / 560.0 / 540.0
Trading close to the psychological 600 level.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
A higher correction is expected.
50 4-hour EMA is at 531.
Trading volume is increasing.
Our profit targets will be 537.7 and 522.2
Resistance: 600.0 / 650.0 / 700.0
Support: 580.0 / 560.0 / 540.0
Trade closed: target reached
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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.