Ethereum Intraday: under pressure below 2002
Ethereum (ETH/USD)
-2.06-0.10%
under pressure below 2002.
Our pivot point stands at 2002.
Our preference: under pressure below 2002.
Alternative scenario: above 2002, look for 2032 and 2050.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1993 and 1987).
Supports and resistances:
2050 **
2032 *
2002 **
1977 last
1940
1922 **
1904 *
Our preference: under pressure below 2002.
Alternative scenario: above 2002, look for 2032 and 2050.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1993 and 1987).
Supports and resistances:
2050 **
2032 *
2002 **
1977 last
1940
1922 **
1904 *
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