Ethereum Intraday: our next up target stands at 3053
Ethereum (ETH/USD)
+10.56+0.36%
our next up target stands at 3053.
Our pivot point stands at 2875.
Our preference: our next up target stands at 3053.
Alternative scenario: the downside breakout of 2875 would call for 2807 and 2767.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2926 and 2927).
Supports and resistances:
3134 **
3094 *
3053 **
3013
2930 last
2902
2875 **
2807 *
2767 **
Our preference: our next up target stands at 3053.
Alternative scenario: the downside breakout of 2875 would call for 2807 and 2767.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2926 and 2927).
Supports and resistances:
3134 **
3094 *
3053 **
3013
2930 last
2902
2875 **
2807 *
2767 **
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.
