Ethereum Intraday: as long as 2943 is support look for 3113

Ethereum (ETH/USD)
+15.53+0.52%
as long as 2943 is support look for 3113.
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Our pivot point stands at 2943.

Our preference: as long as 2943 is support look for 3113.

Alternative scenario: below 2943, expect 2885 and 2850.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3003 and 2972).

Supports and resistances:
3183 **
3148 *
3113 **
3078
3006 last
2966
2943 **
2885 *
2850 **

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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