Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
+19.49+1.13%
the downside prevails as long as 1735 is resistance.
Our pivot point stands at 1735.
Our preference: the downside prevails as long as 1735 is resistance.
Alternative scenario: above 1735, look for 1765 and 1783.
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 is trading under both its 20 and 50 period moving average (respectively at 1722 and 1728). Finally, the Ether / Dollar has penetrated its lower Bollinger band (1706).
Supports and resistances:
1783 **
1765 *
1735 **
1704 last
1668
1650 **
1632 *
Our preference: the downside prevails as long as 1735 is resistance.
Alternative scenario: above 1735, look for 1765 and 1783.
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 is trading under both its 20 and 50 period moving average (respectively at 1722 and 1728). Finally, the Ether / Dollar has penetrated its lower Bollinger band (1706).
Supports and resistances:
1783 **
1765 *
1735 **
1704 last
1668
1650 **
1632 *
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