Ethereum Intraday: the downside prevails as long as 2995 is resistance
Ethereum (ETH/USD)
-31.44-1.06%
the downside prevails as long as 2995 is resistance.
Our pivot point stands at 2995.
Our preference: the downside prevails as long as 2995 is resistance.
Alternative scenario: the upside breakout of 2995, would call for 3063 and 3103.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2947 and 2950).
Supports and resistances:
3103 **
3063 *
2995 **
2968
2940 last
2851
2810 **
2770 *
2729 **
Our preference: the downside prevails as long as 2995 is resistance.
Alternative scenario: the upside breakout of 2995, would call for 3063 and 3103.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2947 and 2950).
Supports and resistances:
3103 **
3063 *
2995 **
2968
2940 last
2851
2810 **
2770 *
2729 **
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