Ethereum Intraday: the downside prevails as long as 2999 is resistance
Ethereum (ETH/USD)
-75.42-2.50%
the downside prevails as long as 2999 is resistance.
2999 is our pivot point.
Our preference: the downside prevails as long as 2999 is resistance.
Alternative scenario: the upside breakout of 2999, would call for 3057 and 3091.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2980 and 2999).
Supports and resistances:
3091 **
3057 *
2999 **
2976
2953 last
2883
2848 **
2814 *
2780 **
Our preference: the downside prevails as long as 2999 is resistance.
Alternative scenario: the upside breakout of 2999, would call for 3057 and 3091.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2980 and 2999).
Supports and resistances:
3091 **
3057 *
2999 **
2976
2953 last
2883
2848 **
2814 *
2780 **
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