ETH Buy a break setup.
Ethereum - Intraday - We look to Buy a break of 3041 (stop at 2993)
Price action is forming a bullish flag which has a bias to break to the upside.
A break of the recent high at 3037 should result in a further move higher.
Short term momentum is bullish.
Majority of the initial daily losses being recaptured.
Our profit targets will be 3166 and 3216
Resistance: 3040 / 3080 / 3150
Support: 2980 / 2950 / 2880
Price action is forming a bullish flag which has a bias to break to the upside.
A break of the recent high at 3037 should result in a further move higher.
Short term momentum is bullish.
Majority of the initial daily losses being recaptured.
Our profit targets will be 3166 and 3216
Resistance: 3040 / 3080 / 3150
Support: 2980 / 2950 / 2880
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