Ethereum Intraday: the downside prevails as long as 2975 is resistance
Ethereum (ETH/USD)
-31.44-1.06%
the downside prevails as long as 2975 is resistance.
Our pivot point stands at 2975.
Our preference: the downside prevails as long as 2975 is resistance.
Alternative scenario: the upside breakout of 2975, would call for 3043 and 3083.
Comment: the RSI is below 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 2939 and 2946).
Supports and resistances:
3083 **
3043 *
2975 **
2948
2917 last
2836
2795 **
2755 *
2715 **
Our preference: the downside prevails as long as 2975 is resistance.
Alternative scenario: the upside breakout of 2975, would call for 3043 and 3083.
Comment: the RSI is below 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 2939 and 2946).
Supports and resistances:
3083 **
3043 *
2975 **
2948
2917 last
2836
2795 **
2755 *
2715 **
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