Ethereum Intraday: rebound towards 3030

Ethereum (ETH/USD)
+20.15+0.68%
rebound towards 3030.
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Our pivot point stands at 2882.

Our preference: rebound towards 3030.

Alternative scenario: the downside breakout of 2882 would call for 2829 and 2797.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2939 and 2946).

Supports and resistances:
3094 **
3062 *
3030 **
2998
2926 last
2903
2882 **
2829 *
2797 **

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.
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