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 Sell at 3149 (stop at 3211)
Daily signals are bearish. Trend line resistance is located at 3160. We look for a temporary move higher. Preferred trade is to sell into rallies.
Our profit targets will be 2981 and 2931
Resistance: 3100 / 3150 / 3200
Support: 3000 / 2950 / 2900