Ethereum Intraday: technical rebound towards 1920 before a new drop
Ethereum (ETH/USD)
-3.73-0.20%
technical rebound towards 1920 before a new drop.
Our pivot point is at 1920.
Our preference: technical rebound towards 1920 before a new drop.
Alternative scenario: above 1920, look for 1957 and 1979.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above its 20 period moving average (1880) but under its 50 period moving average (1891).
Supports and resistances:
1979 **
1957 *
1920 **
1890 last
1845
1823 **
1802 *
Our preference: technical rebound towards 1920 before a new drop.
Alternative scenario: above 1920, look for 1957 and 1979.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above its 20 period moving average (1880) but under its 50 period moving average (1891).
Supports and resistances:
1979 **
1957 *
1920 **
1890 last
1845
1823 **
1802 *
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