Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
+23.05+0.95%
the downside prevails as long as 2727 is resistance.
Our pivot point is at 2727.
Our preference: the downside prevails as long as 2727 is resistance.
Alternative scenario: above 2727, look for 2780 and 2811.
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 2694 and 2711). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 2675).
Supports and resistances:
2811 **
2780 *
2727 **
2707
2666 last
2602
2571 **
2540 *
2509 **
Our preference: the downside prevails as long as 2727 is resistance.
Alternative scenario: above 2727, look for 2780 and 2811.
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 2694 and 2711). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 2675).
Supports and resistances:
2811 **
2780 *
2727 **
2707
2666 last
2602
2571 **
2540 *
2509 **
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