ETH Buy a break setup.
Ethereum - Intraday - We look to Buy a break of 1312 (stop at 1248)
Daily signals for sentiment are at overbought extremes.
Trading within a Bullish Channel formation.
Prices look to be heading towards a new 3 year high.
A break of bespoke resistance at 1300, and the move higher is already underway.
Our outlook is bullish.
The trend of higher highs is located at 1540.
Trading volume is increasing.
Our profit targets will be 1526 and 1618
Resistance: 1300 / 1350 / 1440
Support: 1240 / 1175 / 1140
Daily signals for sentiment are at overbought extremes.
Trading within a Bullish Channel formation.
Prices look to be heading towards a new 3 year high.
A break of bespoke resistance at 1300, and the move higher is already underway.
Our outlook is bullish.
The trend of higher highs is located at 1540.
Trading volume is increasing.
Our profit targets will be 1526 and 1618
Resistance: 1300 / 1350 / 1440
Support: 1240 / 1175 / 1140
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