Ethereum buy the support. Long

Ethereum / U.S. dollarBitstamp

Description

⋅ Jul 21, 2021 1:32 PM

Ethereum - Intraday - We look to Buy at 1865.6 (stop at 1819.8)

Pivot support is at 1865.
Pivot support is at 1845.
Prices have reacted from 1700.
Dips continue to attract buyers.
Bespoke support is located at 1860.
We look to buy dips.
Pivot resistance is at 1994.
Trading close to the psychological 2000 level.

Our profit targets will be 1993.6 and 2023.6

Resistance: 1950.0 / 2000.0 / 2050.0
Support: 1860.0 / 1800.0 / 1700.0

Order cancelled

⋅ Jul 23, 2021 6:39 AM

Comments

StuartCampbell-Gillies

⋅ Jul 22, 2021 11:34 AM

You called this spot on.

Signal_Centre1

⋅ Jul 23, 2021 6:38 AM

@StuartCampbell-Gillies, Hope it helped!

Mihai_Iacob

⋅ Jul 21, 2021 1:59 PM

Great analysis!

LaSombra1978

⋅ Jul 21, 2021 1:50 PM

You say it will fall back to 1800$?

Signal_Centre1

⋅ Jul 21, 2021 2:20 PM

@LaSombra1978, No, we are saying it's not a good risk reward spot to open a trade from current levels at $1930.