Ethereum Intraday: our next up target stands at 4690
Ethereum (ETH/USD)
-3.22-0.07%
our next up target stands at 4690.
4397 is our pivot point.
Our preference: our next up target stands at 4690.
Alternative scenario: the downside breakout of 4397 would call for 4287 and 4222.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 4484 and 4481).
Supports and resistances:
4820 **
4755 *
4690 **
4624
4491 last
4440
4397 **
4287 *
4222 **
Our preference: our next up target stands at 4690.
Alternative scenario: the downside breakout of 4397 would call for 4287 and 4222.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 4484 and 4481).
Supports and resistances:
4820 **
4755 *
4690 **
4624
4491 last
4440
4397 **
4287 *
4222 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
