Ethereum Intraday: our next up target stands at 2888
Ethereum (ETH/USD)
-46.19-1.67%
our next up target stands at 2888.
Our pivot point stands at 2698.
Our preference: our next up target stands at 2888.
Alternative scenario: below 2698, expect 2628 and 2587.
Comment: the RSI is above its neutrality area at 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 trading above both its 20 and 50 period moving average (respectively at 2752 and 2739).
Supports and resistances:
2972 **
2930 *
2888 **
2846
2756 last
2726
2698 **
2628 *
2587 **
Our preference: our next up target stands at 2888.
Alternative scenario: below 2698, expect 2628 and 2587.
Comment: the RSI is above its neutrality area at 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 trading above both its 20 and 50 period moving average (respectively at 2752 and 2739).
Supports and resistances:
2972 **
2930 *
2888 **
2846
2756 last
2726
2698 **
2628 *
2587 **
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.
