Ethereum

Intraday – We look to Sell a break of 2794 (stop at 2844)

Daily signals are bearish . A break of the recent low at 2798 should result in a further move lower. Prices are extending lower from the bearish flag / pennant formation. There is no clear indication that the downward move is coming to an end.

Our profit targets will be 2664 and 2614

Resistance: 2880 / 2950 / 3000
Support: 2800 / 2700 / 2600

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