VantageMarkets

ETH:If we break we buy!!

Long
VANTAGE:ETHUSD   Ethereum
Ethereum

Intraday - We look to Buy a break of 1511 (stop at 1474)

Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside. Dips continue to attract buyers. The move has rejected dips and is expected to disappoint sellers.

Our profit targets will be 1596 and 1636

Resistance: 1480 / 1510 / 1550
Support: 1450 / 1420 / 1400

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