Ethereum Intraday: as long as 3132 is support look for 3350
Ethereum (ETH/USD)
+19.73+0.62%
as long as 3132 is support look for 3350.
3132 is our pivot point.
Our preference: as long as 3132 is support look for 3350.
Alternative scenario: the downside breakout of 3132 would call for 3052 and 3004.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3200 and 3145).
Supports and resistances:
3447 **
3398 *
3350 **
3302
3205 last
3164
3132 **
3052 *
3004 **
Our preference: as long as 3132 is support look for 3350.
Alternative scenario: the downside breakout of 3132 would call for 3052 and 3004.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3200 and 3145).
Supports and resistances:
3447 **
3398 *
3350 **
3302
3205 last
3164
3132 **
3052 *
3004 **
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