Ethereum Intraday: the downside prevails as long as 2008 is resistance
Ethereum (ETH/USD)
-0.11-0.01%
the downside prevails as long as 2008 is resistance.
Our pivot point is at 2008.
Our preference: the downside prevails as long as 2008 is resistance.
Alternative scenario: above 2008, look for 2038 and 2056.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1991 and 2001).
Supports and resistances:
2056 **
2038 *
2008 **
1982 last
1943
1926 **
1908 *
Our preference: the downside prevails as long as 2008 is resistance.
Alternative scenario: above 2008, look for 2038 and 2056.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1991 and 2001).
Supports and resistances:
2056 **
2038 *
2008 **
1982 last
1943
1926 **
1908 *
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.
