Ethereum Intraday: technical rebound towards 2036 before a new drop

Ethereum (ETH/USD)
+3.84+0.20%
technical rebound towards 2036 before a new drop.
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Our pivot point is at 2036.

Our preference: technical rebound towards 2036 before a new drop.

Alternative scenario: above 2036, look for 2095 and 2130.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above its 20 period moving average (1977) but under its 50 period moving average (1986).

Supports and resistances:
2130 **
2095 *
2036 **
2013
1984 last
1914
1880 **
1845 *
1810 **

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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