Ethereum Intraday: as long as 1847 is support look for 1940
Ethereum (ETH/USD)
+55.04+2.94%
as long as 1847 is support look for 1940.
Our pivot point is at 1847.
Our preference: as long as 1847 is support look for 1940.
Alternative scenario: the downside breakout of 1847 would call for 1812 and 1791.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1874 and 1867).
Supports and resistances:
1961 *
1940 **
1919
1876 last
1847 **
1812 *
1791 **
Our preference: as long as 1847 is support look for 1940.
Alternative scenario: the downside breakout of 1847 would call for 1812 and 1791.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1874 and 1867).
Supports and resistances:
1961 *
1940 **
1919
1876 last
1847 **
1812 *
1791 **
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