Ethereum Intraday: the downside prevails as long as 4443 is resistance
Ethereum (ETH/USD)
-85.74-1.93%
the downside prevails as long as 4443 is resistance.
Our pivot point stands at 4443.
Our preference: the downside prevails as long as 4443 is resistance.
Alternative scenario: above 4443, look for 4555 and 4622.
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 4367 and 4362).
Supports and resistances:
4622 **
4555 *
4443 **
4399
4348 last
4211
4144 **
4078 *
4011 **
Our preference: the downside prevails as long as 4443 is resistance.
Alternative scenario: above 4443, look for 4555 and 4622.
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 4367 and 4362).
Supports and resistances:
4622 **
4555 *
4443 **
4399
4348 last
4211
4144 **
4078 *
4011 **
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