Ethereum - Intraday - We look to Buy a break of 1061.3 (stop at 1018.8)
The trend of higher highs is located at 1190.
Daily signals are bullish.
We look for gains to be extended today.
There is no indication that the rally is coming to an end.
Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Our outlook is bullish.
Trading volume is increasing.
Our profit targets will be 1188.8 and 1274.4
Resistance: 1060.0 / 1100.0 / 1150.0
Support: 1000.0 / 980.0 / 950.0
The trend of higher highs is located at 1190.
Daily signals are bullish.
We look for gains to be extended today.
There is no indication that the rally is coming to an end.
Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Our outlook is bullish.
Trading volume is increasing.
Our profit targets will be 1188.8 and 1274.4
Resistance: 1060.0 / 1100.0 / 1150.0
Support: 1000.0 / 980.0 / 950.0
Trade closed: target reached:
Trade closed at expiry at $1147.4, resulting in a 8,1% profit.
