Ethereum Intraday: rebound towards 3168
Ethereum (ETH/USD)
+35.76+1.19%
rebound towards 3168.
Our pivot point stands at 2966.
Our preference: rebound towards 3168.
Alternative scenario: below 2966, expect 2889 and 2844.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3031 and 3067).
Supports and resistances:
3260 **
3214 *
3168 **
3123
3029 last
2996
2966 **
2889 *
2844 **
Our preference: rebound towards 3168.
Alternative scenario: below 2966, expect 2889 and 2844.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3031 and 3067).
Supports and resistances:
3260 **
3214 *
3168 **
3123
3029 last
2996
2966 **
2889 *
2844 **
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.
