Ethereum Intraday: the upside prevails as long as 1765 is support
Ethereum (ETH/USD)
-27.79-1.56%
the upside prevails as long as 1765 is support.
Our pivot point stands at 1765.
Our preference: the upside prevails as long as 1765 is support.
Alternative scenario: the downside breakout of 1765 would call for 1734 and 1715.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1775 and 1762).
Supports and resistances:
1868 *
1849 **
1831
1790 last
1765 **
1734 *
1715 **
Our preference: the upside prevails as long as 1765 is support.
Alternative scenario: the downside breakout of 1765 would call for 1734 and 1715.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1775 and 1762).
Supports and resistances:
1868 *
1849 **
1831
1790 last
1765 **
1734 *
1715 **
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