Ethereum - Intraday - We look to Sell at 2888 (stop at 2971)
Daily signals are bearish.
Trading within a Corrective Channel formation.
Trend line resistance is located at 2890.
20 1day EMA is at 2785.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bearish divergence is expected to cap gains.
Our profit targets will be 2652 and 2602
Resistance: 2815 / 2900 / 3000
Support: 2700 / 2600 / 2480
Daily signals are bearish.
Trading within a Corrective Channel formation.
Trend line resistance is located at 2890.
20 1day EMA is at 2785.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bearish divergence is expected to cap gains.
Our profit targets will be 2652 and 2602
Resistance: 2815 / 2900 / 3000
Support: 2700 / 2600 / 2480
Trade closed: stop reached
