Ethereum Intraday: the downside prevails as long as 2981 is resistance
Ethereum (ETH/USD)
-79.90-2.70%
the downside prevails as long as 2981 is resistance.
Our pivot point is at 2981.
Our preference: the downside prevails as long as 2981 is resistance.
Alternative scenario: above 2981, look for 3035 and 3066.
Comment: the RSI is below its neutrality area at 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 2946 and 2951).
Supports and resistances:
3066 **
3035 *
2981 **
2960
2938 last
2874
2842 **
2810 *
2778 **
Our preference: the downside prevails as long as 2981 is resistance.
Alternative scenario: above 2981, look for 3035 and 3066.
Comment: the RSI is below its neutrality area at 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 2946 and 2951).
Supports and resistances:
3066 **
3035 *
2981 **
2960
2938 last
2874
2842 **
2810 *
2778 **
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