EthereumLong
ETH Buy a break setup.
Updated
ETHUSDT - Intraday - We look to Buy a break of 3504 (stop at 3399)
Price action resulted in a new all-time high at 3485.
A break of bespoke resistance at 3500, and the move higher is already underway.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
We look for gains to be extended today.
We can see no technical reason for a change of trend.
Trading volume is increasing.
Our profit targets will be 3798 and 3978
Resistance: 3500 / 3600 / 3700
Support: 3400 / 3300 / 3200
Price action resulted in a new all-time high at 3485.
A break of bespoke resistance at 3500, and the move higher is already underway.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
We look for gains to be extended today.
We can see no technical reason for a change of trend.
Trading volume is increasing.
Our profit targets will be 3798 and 3978
Resistance: 3500 / 3600 / 3700
Support: 3400 / 3300 / 3200
Trade closed: stop reached
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