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Signal_Centre1
Oct 7, 2020 12:32 PM

We are Buying the ETH Dip. Long

Ethereum / U.S. dollarBitstamp

Description

Ethereum - Intraday - We look to Buy at 335.8

We have seen this rejection of rallies again overnight with 355 becoming a formidable barrier.
The price is in a rising wedge pattern.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
We look for a temporary move higher.
We look to buy dips.
Support is located at 335 and should stem dips to this area.

Resistance: 340.0 / 346.0 / 350.0
Support: 337.0 / 334.0 / 330.0

Signal Centre

Trade closed: target reached

Closed at $340 from 335.2
Comments
SunnyHillCapital
Beautiful chart, thank you for sharing with all of us! Keep this up!
Signal_Centre1
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