Ethereum Intraday: as long as 4380 is support look for 4682
Ethereum (ETH/USD)
-83.67-1.88%
as long as 4380 is support look for 4682.
Our pivot point is at 4380.
Our preference: as long as 4380 is support look for 4682.
Alternative scenario: the downside breakout of 4380 would call for 4265 and 4196.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (4474) but above its 50 period moving average (4442).
Supports and resistances:
4819 **
4751 *
4682 **
4614
4474 last
4425
4380 **
4265 *
4196 **
Our preference: as long as 4380 is support look for 4682.
Alternative scenario: the downside breakout of 4380 would call for 4265 and 4196.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (4474) but above its 50 period moving average (4442).
Supports and resistances:
4819 **
4751 *
4682 **
4614
4474 last
4425
4380 **
4265 *
4196 **
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