Ethereum Intraday: the upside prevails as long as 1722 is support
Ethereum (ETH/USD)
+13.25+0.76%
the upside prevails as long as 1722 is support.
1722 is our pivot point.
Our preference: the upside prevails as long as 1722 is support.
Alternative scenario: below 1722, expect 1690 and 1671.
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 1744 and 1742).
Supports and resistances:
1828 *
1808 **
1789
1749 last
1722 **
1690 *
1671 **
Our preference: the upside prevails as long as 1722 is support.
Alternative scenario: below 1722, expect 1690 and 1671.
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 1744 and 1742).
Supports and resistances:
1828 *
1808 **
1789
1749 last
1722 **
1690 *
1671 **
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