Ethereum Intraday: as long as 2368 is resistance look for 2222
Ethereum (ETH/USD)
-5.76-0.25%
as long as 2368 is resistance look for 2222.
Our pivot point is at 2368.
Our preference: as long as 2368 is resistance look for 2222.
Alternative scenario: the upside breakout of 2368, would call for 2420 and 2452.
Comment: the RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above its 20 period moving average (2316) but under its 50 period moving average (2320).
Supports and resistances:
2452 **
2420 *
2368 **
2318 last
2253
2222 **
2191 *
Our preference: as long as 2368 is resistance look for 2222.
Alternative scenario: the upside breakout of 2368, would call for 2420 and 2452.
Comment: the RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above its 20 period moving average (2316) but under its 50 period moving average (2320).
Supports and resistances:
2452 **
2420 *
2368 **
2318 last
2253
2222 **
2191 *
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