Ethereum Intraday: as long as 3544 is support look for 3767

Ethereum (ETH/USD)
-53.73-1.50%
as long as 3544 is support look for 3767.
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Our pivot point stands at 3544.

Our preference: as long as 3544 is support look for 3767.

Alternative scenario: below 3544, expect 3461 and 3411.

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 under its 20 period moving average (3610) but above its 50 period moving average (3536).

Supports and resistances:
3867 **
3817 *
3767 **
3717
3610 last
3577
3544 **
3461 *
3411 **

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.
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