ETH Buy a break setup.
Updated
Ethereum - Intraday - We look to Buy a break of 1333 (stop at 1268)
Daily signals for sentiment are at overbought extremes.
Trading within a Bullish Channel formation.
Prices look to be heading towards a new 3 year high.
A break of bespoke resistance at 1440, and the move higher is already underway.
Our outlook is bullish.
The trend of higher highs is located at 1520.
Trading volume is increasing.
Our profit targets will be 1528 and 1618
Resistance: 1300 / 1350 / 1440
Support: 1240 / 1175 / 1140
Daily signals for sentiment are at overbought extremes.
Trading within a Bullish Channel formation.
Prices look to be heading towards a new 3 year high.
A break of bespoke resistance at 1440, and the move higher is already underway.
Our outlook is bullish.
The trend of higher highs is located at 1520.
Trading volume is increasing.
Our profit targets will be 1528 and 1618
Resistance: 1300 / 1350 / 1440
Support: 1240 / 1175 / 1140
Trade active
Trade closed: stop reached
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