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Signal_Centre1
Jan 25, 2021 1:10 PM

Ethereum Buy a break setup. Long

Ethereum / U.S. dollarBitstamp

Description

Ethereum - Intraday - We look to Buy a break of 1484 (stop at 1414)

Price action resulted in a new all-time high at 1475.
A break of 1475 is needed to confirm follow through bullish momentum.
Daily signals are bullish.
We look for gains to be extended today.
We can see no technical reason for a change of trend.
Short term RSI has turned positive.

Our profit targets will be 1694 and 1784

Resistance: 1475 / 1600 / 1700
Support: 1380 / 1300 / 1220

Order cancelled

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