Ethereum Intraday: under pressure below 3097
Ethereum (ETH/USD)
+41.03+1.33%
under pressure below 3097.
3097 is our pivot point.
Our preference: under pressure below 3097.
Alternative scenario: the upside breakout of 3097, would call for 3174 and 3219.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3042 and 3035).
Supports and resistances:
3219 **
3174 *
3097 **
3067
3034 last
2939
2894 **
2848 *
2802 **
Our preference: under pressure below 3097.
Alternative scenario: the upside breakout of 3097, would call for 3174 and 3219.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3042 and 3035).
Supports and resistances:
3219 **
3174 *
3097 **
3067
3034 last
2939
2894 **
2848 *
2802 **
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