Ethereum Intraday: look for a drop towards 2206 before a bounce
Ethereum (ETH/USD)-0.25-0.01%
look for a drop towards 2206 before a bounce.

Our pivot point is at 2206.
Our preference: look for a drop towards 2206 before a bounce.
Alternative scenario: the downside breakout of 2206 would call for 2162 and 2137.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2239 and 2236).
Supports and resistances:
2345 *
2319 **
2293
2241 last
2206 **
2162 *
2137 **
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