Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
-82.53-4.76%
the downside prevails as long as 1736 is resistance.
1736 is our pivot point.
Our preference: the downside prevails as long as 1736 is resistance.
Alternative scenario: above 1736, look for 1766 and 1784.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1726 and 1738). Finally, the Ether / Dollar has penetrated its lower Bollinger band (1712).
Supports and resistances:
1784 **
1766 *
1736 **
1710 last
1674
1657 **
1639 *
Our preference: the downside prevails as long as 1736 is resistance.
Alternative scenario: above 1736, look for 1766 and 1784.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1726 and 1738). Finally, the Ether / Dollar has penetrated its lower Bollinger band (1712).
Supports and resistances:
1784 **
1766 *
1736 **
1710 last
1674
1657 **
1639 *
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