Ethereum Intraday: as long as 2060 is support look for 2179

Ethereum (ETH/USD)
-57.22-2.70%
as long as 2060 is support look for 2179.
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Our pivot point stands at 2060.

Our preference: as long as 2060 is support look for 2179.

Alternative scenario: below 2060, expect 2016 and 1990.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (2107) but above its 50 period moving average (2078).

Supports and resistances:
2232 **
2205 *
2179 **
2152
2100 last
2078
2060 **
2016 *
1990 **

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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