Signal_Centre1

Ethereum Sell a break setup.

Short
BITSTAMP:ETHUSD   Ethereum
Ethereum - Intraday - We look to Sell a break of 2738 (stop at 2801)

Daily signals are bearish.
Buying at the start of the week has stalled and prices are reversing.
The trend of lower highs is located at 2820.
A break of the recent low at 2740 should result in a further move lower.

Our profit targets will be 2584 and 2524

Resistance: 2840 / 2880 / 3000
Support: 2780 / 2740 / 2700

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.