Ethereum Intraday: rebound towards 1829
Ethereum (ETH/USD)
-4.74-0.27%
rebound towards 1829.
Our pivot point stands at 1738.
Our preference: rebound towards 1829.
Alternative scenario: the downside breakout of 1738 would call for 1707 and 1689.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1766 and 1780).
Supports and resistances:
1847 *
1829 **
1811
1764 last
1738 **
1707 *
1689 **
Our preference: rebound towards 1829.
Alternative scenario: the downside breakout of 1738 would call for 1707 and 1689.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1766 and 1780).
Supports and resistances:
1847 *
1829 **
1811
1764 last
1738 **
1707 *
1689 **
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