Ethereum Intraday: rebound towards 1841
Ethereum (ETH/USD)
-48.13-2.65%
rebound towards 1841.
Our pivot point stands at 1750.
Our preference: rebound towards 1841.
Alternative scenario: the downside breakout of 1750 would call for 1717 and 1698.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1788 and 1803).
Supports and resistances:
1861 *
1841 **
1822
1778 last
1750 **
1717 *
1698 **
Our preference: rebound towards 1841.
Alternative scenario: the downside breakout of 1750 would call for 1717 and 1698.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1788 and 1803).
Supports and resistances:
1861 *
1841 **
1822
1778 last
1750 **
1717 *
1698 **
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