Ethereum Intraday: rebound towards 2037

Ethereum (ETH/USD)
-72.59-3.52%
rebound towards 2037.
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1949 is our pivot point.

Our preference: rebound towards 2037.

Alternative scenario: below 1949, expect 1919 and 1901.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1983 and 2016).

Supports and resistances:
2055 *
2037 **
2019
1975 last
1949 **
1919 *
1901 **

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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