Ethereum Intraday: the downside prevails as long as 1845 is resistance
Ethereum (ETH/USD)
-2.00-0.11%
the downside prevails as long as 1845 is resistance.
Our pivot point stands at 1845.
Our preference: the downside prevails as long as 1845 is resistance.
Alternative scenario: above 1845, look for 1902 and 1935.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1812 and 1813).
Supports and resistances:
1935 **
1902 *
1845 **
1823
1798 last
1731
1697 **
1664 *
1630 **
Our preference: the downside prevails as long as 1845 is resistance.
Alternative scenario: above 1845, look for 1902 and 1935.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1812 and 1813).
Supports and resistances:
1935 **
1902 *
1845 **
1823
1798 last
1731
1697 **
1664 *
1630 **
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