Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
+0.87+0.02%
the downside prevails as long as 3845 is resistance.
Our pivot point stands at 3845.
Our preference: the downside prevails as long as 3845 is resistance.
Alternative scenario: above 3845, look for 3935 and 3989.
Comment: the RSI is below 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 3825 and 3828). Finally, the Ether / Dollar has penetrated its lower Bollinger band (3780).
Supports and resistances:
3989 **
3935 *
3845 **
3809
3763 last
3636
3582 **
3529 *
3475 **
Our preference: the downside prevails as long as 3845 is resistance.
Alternative scenario: above 3845, look for 3935 and 3989.
Comment: the RSI is below 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 3825 and 3828). Finally, the Ether / Dollar has penetrated its lower Bollinger band (3780).
Supports and resistances:
3989 **
3935 *
3845 **
3809
3763 last
3636
3582 **
3529 *
3475 **
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