Signal_Centre1

Ethereum Buy a break setup.

Long
BITSTAMP:ETHUSD   Ethereum
Ethereum - Intraday - We look to Buy a break of 4372 (stop at 4297)

Dips continue to attract buyers.
We are trading at oversold extremes.
A break of yesterdays high would confirm bullish momentum.
Bullish divergence can be seen on the daily (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 profit targets will be 4597 and 4657

Resistance: 4300 / 4380 / 4460
Support: 4200 / 4150 / 4000
Order cancelled:
Expired in 48h

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