Ethereum - Intraday - We look to Sell a break
Trading close to the psychological 600 level.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
A higher correction is expected.
50 4-hour EMA is at 531.
Trading volume is increasing.
Our profit targets will be 537.7 and 522.2
Resistance: 600.0 / 650.0 / 700.0
Support: 580.0 / 560.0 / 540.0
Trading close to the psychological 600 level.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
A higher correction is expected.
50 4-hour EMA is at 531.
Trading volume is increasing.
Our profit targets will be 537.7 and 522.2
Resistance: 600.0 / 650.0 / 700.0
Support: 580.0 / 560.0 / 540.0
Trade closed: target reached
