Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
-25.24-1.08%
the downside prevails as long as 2347 is resistance.
Our pivot point stands at 2347.
Our preference: the downside prevails as long as 2347 is resistance.
Alternative scenario: the upside breakout of 2347, would call for 2389 and 2414.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2333 and 2333). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 2316).
Supports and resistances:
2414 **
2389 *
2347 **
2314 last
2259
2234 **
2209 *
Our preference: the downside prevails as long as 2347 is resistance.
Alternative scenario: the upside breakout of 2347, would call for 2389 and 2414.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2333 and 2333). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 2316).
Supports and resistances:
2414 **
2389 *
2347 **
2314 last
2259
2234 **
2209 *
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