Ethereum Intraday: as long as 4349 is support look for 4651
Ethereum (ETH/USD)
-85.74-1.93%
as long as 4349 is support look for 4651.
Our pivot point is at 4349.
Our preference: as long as 4349 is support look for 4651.
Alternative scenario: the downside breakout of 4349 would call for 4234 and 4166.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 4423 and 4393).
Supports and resistances:
4787 **
4719 *
4651 **
4582
4442 last
4394
4349 **
4234 *
4166 **
Our preference: as long as 4349 is support look for 4651.
Alternative scenario: the downside breakout of 4349 would call for 4234 and 4166.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 4423 and 4393).
Supports and resistances:
4787 **
4719 *
4651 **
4582
4442 last
4394
4349 **
4234 *
4166 **
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