Signal_Centre1

ETH Sell the oversold correction.

Short
BITSTAMP:ETHUSD   Ethereum
ETHUSDT - Intraday - We look to Sell at 2387 (stop at 2471)

Daily signals are bearish.
This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside.
20 1day EMA is at 2420.
A lower correction is expected.
Preferred trade is to sell into rallies.
We look for a temporary move higher.

Our profit targets will be 2137 and 2087

Expiry: 48h

Resistance: 2000 / 2150 / 2250
Support: 1950 / 1800 / 1730

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