Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
-39.37-2.16%
the downside prevails as long as 1805 is resistance.
Our pivot point stands at 1805.
Our preference: the downside prevails as long as 1805 is resistance.
Alternative scenario: the upside breakout of 1805, would call for 1838 and 1858.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1809 and 1808). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 1782).
Supports and resistances:
1858 **
1838 *
1805 **
1779 last
1738
1718 **
1699 *
Our preference: the downside prevails as long as 1805 is resistance.
Alternative scenario: the upside breakout of 1805, would call for 1838 and 1858.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1809 and 1808). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 1782).
Supports and resistances:
1858 **
1838 *
1805 **
1779 last
1738
1718 **
1699 *
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