Ethereum Intraday: the downside prevails as long as 2812 is resistance
Ethereum (ETH/USD)
-87.20-3.31%
the downside prevails as long as 2812 is resistance.
Our pivot point is at 2812.
Our preference: the downside prevails as long as 2812 is resistance.
Alternative scenario: above 2812, look for 2885 and 2928.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2763 and 2790).
Supports and resistances:
2928 **
2885 *
2812 **
2783
2748 last
2662
2618 **
2575 *
2532 **
Our preference: the downside prevails as long as 2812 is resistance.
Alternative scenario: above 2812, look for 2885 and 2928.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2763 and 2790).
Supports and resistances:
2928 **
2885 *
2812 **
2783
2748 last
2662
2618 **
2575 *
2532 **
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