Ethereum: Range trading expected to continue, sell rallies.

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Ethereum - Intraday - We look to Sell at 4455 (stop at 4616)

Price action continued to range between key support & resistance (3905 - 4868) and we expect this to continue. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. We have a 61.8% Fibonacci pullback level of 4455 from 3923 to 4784. Preferred trade is to sell into rallies.

Our profit targets will be 3960 and 3700

Resistance: 4455 / 4661 / 4784
Support: 3960 / 3923 / 3905

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Trade attivo
Trade chiuso: obiettivo raggiunto
cryptoCryptocurrencycryptosignalETHEthereum (Cryptocurrency)ETHUSDETHUSDTFibonacciSupport and ResistancetradeideaTrend Analysis

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