Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
-17.72-1.07%
the downside prevails as long as 1673 is resistance.
1673 is our pivot point.
Our preference: the downside prevails as long as 1673 is resistance.
Alternative scenario: above 1673, look for 1701 and 1718.
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 1666 and 1663). Finally, the Ether / Dollar has penetrated its lower Bollinger band (1651).
Supports and resistances:
1718 **
1701 *
1673 **
1650 last
1612
1595 **
1578 *
Our preference: the downside prevails as long as 1673 is resistance.
Alternative scenario: above 1673, look for 1701 and 1718.
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 1666 and 1663). Finally, the Ether / Dollar has penetrated its lower Bollinger band (1651).
Supports and resistances:
1718 **
1701 *
1673 **
1650 last
1612
1595 **
1578 *
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