Ethereum Intraday: rebound towards 2834

Ethereum (ETH/USD)
-53.04-1.96%
rebound towards 2834.
image
2665 is our pivot point.

Our preference: rebound towards 2834.

Alternative scenario: below 2665, expect 2612 and 2581.

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 stands below its 20 and 50 period moving average (respectively at 2727 and 2748).

Supports and resistances:
2898 **
2866 *
2834 **
2802
2714 last
2686
2665 **
2612 *
2581 **

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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