Ethereum Intraday: the downside prevails as long as 2795 is resistance
Ethereum (ETH/USD)
-82.22-3.12%
the downside prevails as long as 2795 is resistance.
Our pivot point stands at 2795.
Our preference: the downside prevails as long as 2795 is resistance.
Alternative scenario: above 2795, look for 2867 and 2910.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2751 and 2785).
Supports and resistances:
2910 **
2867 *
2795 **
2766
2738 last
2651
2608 **
2564 *
2521 **
Our preference: the downside prevails as long as 2795 is resistance.
Alternative scenario: above 2795, look for 2867 and 2910.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2751 and 2785).
Supports and resistances:
2910 **
2867 *
2795 **
2766
2738 last
2651
2608 **
2564 *
2521 **
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