Ethereum Intraday: the upside prevails as long as 2086 is support

Ethereum (ETH/USD)
+23.23+1.11%
the upside prevails as long as 2086 is support.
image
Our pivot point stands at 2086.

Our preference: the upside prevails as long as 2086 is support.

Alternative scenario: below 2086, expect 2051 and 2031.

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 both its 20 and 50 period moving average (respectively at 2105 and 2102).

Supports and resistances:
2198 *
2178 **
2157
2115 last
2086 **
2051 *
2031 **

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.
goTop
quote