Ethereum - Intraday - We look to Sell a break of 3038 (stop at 3131)
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. Further downside is expected, however, due to the strong support below we prefer to sell a break of 3050, which will confirm the bearish sentiment. Short term bullish momentum has stalled. A lower correction is expected. The medium term bias remains bullish.
ETH - W Bottom Chart Analysis