ETH Sell the oversold correction.
ETHUSDT - Intraday - We look to Sell at 2387 (stop at 2471)
Daily signals are bearish.
This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside.
20 1day EMA is at 2420.
A lower correction is expected.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 2137 and 2087
Expiry: 48h
Resistance: 2000 / 2150 / 2250
Support: 1950 / 1800 / 1730
Daily signals are bearish.
This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside.
20 1day EMA is at 2420.
A lower correction is expected.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 2137 and 2087
Expiry: 48h
Resistance: 2000 / 2150 / 2250
Support: 1950 / 1800 / 1730
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