Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
-19.92-0.96%
the downside prevails as long as 2093 is resistance.
2093 is our pivot point.
Our preference: the downside prevails as long as 2093 is resistance.
Alternative scenario: the upside breakout of 2093, would call for 2124 and 2142.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2075 and 2078). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 2059).
Supports and resistances:
2142 **
2124 *
2093 **
2052 last
2011
1993 **
1975 *
Our preference: the downside prevails as long as 2093 is resistance.
Alternative scenario: the upside breakout of 2093, would call for 2124 and 2142.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2075 and 2078). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 2059).
Supports and resistances:
2142 **
2124 *
2093 **
2052 last
2011
1993 **
1975 *
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.
