Ethereum Intraday: rebound towards 1916
Ethereum (ETH/USD)-27.53-1.45%
rebound towards 1916.

Our pivot point is at 1835.
Our preference: rebound towards 1916.
Alternative scenario: the downside breakout of 1835 would call for 1809 and 1793.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1866 and 1918).
Supports and resistances:
1932 *
1916 **
1900
1863 last
1835 **
1809 *
1793 **
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.