Ethereum Intraday: as long as 3127 is support look for 3336

Ethereum (ETH/USD)
+19.73+0.62%
as long as 3127 is support look for 3336.
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Our pivot point is at 3127.

Our preference: as long as 3127 is support look for 3336.

Alternative scenario: below 3127, expect 3047 and 2998.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 3184 and 3121).

Supports and resistances:
3432 **
3384 *
3336 **
3288
3191 last
3159
3127 **
3047 *
2998 **

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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