Ethereum Intraday: above its upper Bollinger band

Ethereum (ETH/USD)
+2.96+0.14%
the upside prevails as long as 2063 is support.
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Our pivot point stands at 2063.

Our preference: the upside prevails as long as 2063 is support.

Alternative scenario: the downside breakout of 2063 would call for 2032 and 2013.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2074 and 2085). Finally, the Ether / Dollar has crossed above its upper Bollinger band (2088).

Supports and resistances:
2166 *
2148 **
2129
2088 last
2063 **
2032 *
2013 **

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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