Ethereum Intraday: the downside prevails as long as 3001 is resistance
Ethereum (ETH/USD)
-75.42-2.50%
the downside prevails as long as 3001 is resistance.
Our pivot point stands at 3001.
Our preference: the downside prevails as long as 3001 is resistance.
Alternative scenario: above 3001, look for 3059 and 3093.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2974 and 2996).
Supports and resistances:
3093 **
3059 *
3001 **
2978
2955 last
2883
2849 **
2814 *
2780 **
Our preference: the downside prevails as long as 3001 is resistance.
Alternative scenario: above 3001, look for 3059 and 3093.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2974 and 2996).
Supports and resistances:
3093 **
3059 *
3001 **
2978
2955 last
2883
2849 **
2814 *
2780 **
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