Ethereum Intraday: above its upper Bollinger band

Ethereum (ETH/USD)
-0.07-0.00%
as long as 1686 is support look for 1764.
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Our pivot point stands at 1686.

Our preference: as long as 1686 is support look for 1764.

Alternative scenario: below 1686, expect 1656 and 1639.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1700 and 1668). Finally, the Ether / Dollar has crossed above its upper Bollinger band (1710).

Supports and resistances:
1782 *
1764 **
1747
1710 last
1686 **
1656 *
1639 **

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.
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