Ethereum Intraday: target 3186
Ethereum (ETH/USD)
+163.23+5.09%
target 3186.
Our pivot point is at 3354.
Our preference: target 3186.
Alternative scenario: the upside breakout of 3354, would call for 3415 and 3451.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (3318) but above its 50 period moving average (3271).
Supports and resistances:
3451 **
3415 *
3354 **
3330
3301 last
3222
3186 **
3150 *
3114 **
Our preference: target 3186.
Alternative scenario: the upside breakout of 3354, would call for 3415 and 3451.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (3318) but above its 50 period moving average (3271).
Supports and resistances:
3451 **
3415 *
3354 **
3330
3301 last
3222
3186 **
3150 *
3114 **
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