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Signal_Centre1
Aug 9, 2021 12:48 PM

Ethereum buy a break setup. Long

Ethereum / U.S. dollarBitstamp

Description

Ethereum - Intraday - We look to Buy a break of 3202 (stop at 3118)

The previous swing high is located at 3190.
We are trading at overbought extremes.
There is no indication that the rally is coming to an end.
A break of bespoke resistance at 3200, and the move higher is already underway.

Our profit targets will be 3448 and 3498

Resistance: 3200 / 3400 / 3500
Support: 3050 / 2950 / 2800
Comments
brayner1488
Muchisimas gracias!!
Signal_Centre1
@brayner1488, De nada.
Mudrex
great analysis as always, thanks for sharing
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