The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Ethereum - Intraday - We look to Buy at 3698 (stop at 3613)
We look to buy dips. Previous support located at 3700. Trading within the Channel formation. The bias is still for higher levels and we look for any dips to be limited. 3700 continues to hold back the bears.
Our profit targets will be 3985 and 4085
Resistance: 3900 / 4000 / 4500
Support: 3700 / 3650 / 3500