Ethereum Intraday: as long as 2087 is support look for 2188

Ethereum (ETH/USD)
+16.03+0.76%
as long as 2087 is support look for 2188.
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2087 is our pivot point.

Our preference: as long as 2087 is support look for 2188.

Alternative scenario: below 2087, expect 2052 and 2032.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (2126) but above its 50 period moving average (2117).

Supports and resistances:
2208 *
2188 **
2167
2126 last
2087 **
2052 *
2032 **

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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