Ethereum Intraday: rebound towards 1836

Ethereum (ETH/USD)
+3.53+0.20%
rebound towards 1836.
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Our pivot point is at 1747.

Our preference: rebound towards 1836.

Alternative scenario: below 1747, expect 1714 and 1694.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1774 and 1778).

Supports and resistances:
1856 *
1836 **
1817
1773 last
1747 **
1714 *
1694 **

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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