Ethereum Intraday: as long as 1760 is support look for 1842
Ethereum (ETH/USD)
+0.68+0.04%
as long as 1760 is support look for 1842.
Our pivot point stands at 1760.
Our preference: as long as 1760 is support look for 1842.
Alternative scenario: the downside breakout of 1760 would call for 1729 and 1711.
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 1782 and 1771).
Supports and resistances:
1861 *
1842 **
1824
1785 last
1760 **
1729 *
1711 **
Our preference: as long as 1760 is support look for 1842.
Alternative scenario: the downside breakout of 1760 would call for 1729 and 1711.
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 1782 and 1771).
Supports and resistances:
1861 *
1842 **
1824
1785 last
1760 **
1729 *
1711 **
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