Ethereum buy the dip.
ETHUSDT - Intraday - We look to Buy at 2307 (stop at 2222)
Daily signals are mildly bullish.
Pivot support is at 2306.
The previous swing low is located at 2252.
Dips continue to attract buyers.
The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment.
We look for a temporary move lower.
Our profit targets will be 2535 and 2615
Resistance: 2550 / 2630 / 2700
Support: 2400 / 2300 / 2250
Daily signals are mildly bullish.
Pivot support is at 2306.
The previous swing low is located at 2252.
Dips continue to attract buyers.
The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment.
We look for a temporary move lower.
Our profit targets will be 2535 and 2615
Resistance: 2550 / 2630 / 2700
Support: 2400 / 2300 / 2250
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.