Ethereum - Intraday - We look to Buy a break of 4372 (stop at 4297)
Dips continue to attract buyers.
We are trading at oversold extremes.
A break of yesterdays high would confirm bullish momentum.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Our profit targets will be 4597 and 4657
Resistance: 4300 / 4380 / 4460
Support: 4200 / 4150 / 4000
Dips continue to attract buyers.
We are trading at oversold extremes.
A break of yesterdays high would confirm bullish momentum.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Our profit targets will be 4597 and 4657
Resistance: 4300 / 4380 / 4460
Support: 4200 / 4150 / 4000
Order cancelled
Expired in 48h
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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.