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Signal_Centre1
Aug 2, 2021 9:24 AM

Ethereum sell the breakdown. Short

Ethereum / U.S. dollarBitstamp

Description

Ethereum - Intraday - We look to Sell a break of 2488 (stop at 2555)

A bearish Head and Shoulders has formed.
A break of bespoke support at 2500, and the move lower is already underway.
Bearish divergence is expected to cap gains.
We are trading at overbought extremes.
A higher correction is expected.

Our profit targets will be 2303 and 2251

Resistance: 2600 / 2700 / 2800
Support: 2500 / 2400 / 2300

Trade active

Comments
Asyraf8
great
Mihai_Iacob
Loving it!
h2yo
already in on this one :)
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