Ethereum Intraday: Gains at stake near target
Ethereum (ETH/USD)
-4.34-0.23%
As long as 1,887 is support, look for 1,960
Our pivot point is at 1,887.
Our preference: As long as 1,887 is support, look for 1,960
Alternative scenario: below 1,887, expect 1,863 and 1,849.
Comment: Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
1,974 *
1,960 **
1,945
1,928 last
1,887 **
1,863 *
1,849 **
Our preference: As long as 1,887 is support, look for 1,960
Alternative scenario: below 1,887, expect 1,863 and 1,849.
Comment: Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
1,974 *
1,960 **
1,945
1,928 last
1,887 **
1,863 *
1,849 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
