Ethereum Intraday: rebound towards 1832
Ethereum (ETH/USD)
+3.53+0.20%
rebound towards 1832.
Our pivot point stands at 1744.
Our preference: rebound towards 1832.
Alternative scenario: the downside breakout of 1744 would call for 1711 and 1691.
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 1773 and 1781).
Supports and resistances:
1852 *
1832 **
1813
1772 last
1744 **
1711 *
1691 **
Our preference: rebound towards 1832.
Alternative scenario: the downside breakout of 1744 would call for 1711 and 1691.
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 1773 and 1781).
Supports and resistances:
1852 *
1832 **
1813
1772 last
1744 **
1711 *
1691 **
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