Ethereum Intraday: the downside prevails as long as 3098 is resistance
Ethereum (ETH/USD)
+41.03+1.33%
the downside prevails as long as 3098 is resistance.
Our pivot point stands at 3098.
Our preference: the downside prevails as long as 3098 is resistance.
Alternative scenario: above 3098, look for 3175 and 3221.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3046 and 3041).
Supports and resistances:
3221 **
3175 *
3098 **
3068
3035 last
2944
2898 **
2853 *
2807 **
Our preference: the downside prevails as long as 3098 is resistance.
Alternative scenario: above 3098, look for 3175 and 3221.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3046 and 3041).
Supports and resistances:
3221 **
3175 *
3098 **
3068
3035 last
2944
2898 **
2853 *
2807 **
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