Ethereum Intraday: under pressure below 2158
Ethereum (ETH/USD)
-7.44-0.35%
under pressure below 2158.
Our pivot point is at 2158.
Our preference: under pressure below 2158.
Alternative scenario: above 2158, look for 2193 and 2214.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2133 and 2130).
Supports and resistances:
2214 **
2193 *
2158 **
2128 last
2084
2064 **
2043 *
Our preference: under pressure below 2158.
Alternative scenario: above 2158, look for 2193 and 2214.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2133 and 2130).
Supports and resistances:
2214 **
2193 *
2158 **
2128 last
2084
2064 **
2043 *
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