ETHUSDT - Intraday - We look to Buy at 2307 (stop at 2222)
Daily signals are mildly bullish.
Pivot support is at 2306.
The previous swing low is located at 2252.
Dips continue to attract buyers.
The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment.
We look for a temporary move lower.
Our profit targets will be 2535 and 2615
Resistance: 2550 / 2630 / 2700
Support: 2400 / 2300 / 2250
Daily signals are mildly bullish.
Pivot support is at 2306.
The previous swing low is located at 2252.
Dips continue to attract buyers.
The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment.
We look for a temporary move lower.
Our profit targets will be 2535 and 2615
Resistance: 2550 / 2630 / 2700
Support: 2400 / 2300 / 2250
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BTCUSD - Intraday - We look to Sell at 39568 (stop at 40404)
Broken out of the triangle formation to the downside.
Daily signals are mildly bearish.
Pivot resistance is at 39840.
Previous support, now becomes resistance at 39600.
Reverse trend line resistance comes in at 39800.
We look for a temporary move higher. Short term bias is bearish.
Our profit targets will be 37128 and 36128
Resistance: 39300 / 39800 / 40800
Support: 39000 / 38000 / 37300