Ethereum Intraday: as long as 3540 is support look for 3766

Ethereum (ETH/USD)
-53.73-1.50%
as long as 3540 is support look for 3766.
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Our pivot point stands at 3540.

Our preference: as long as 3540 is support look for 3766.

Alternative scenario: below 3540, expect 3456 and 3406.

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 below its 20 period moving average (3615) but above its 50 period moving average (3552).

Supports and resistances:
3866 **
3816 *
3766 **
3717
3614 last
3572
3540 **
3456 *
3406 **

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