Ethereum Intraday: as long as 4386 is support look for 4709

Ethereum (ETH/USD)
-77.70-1.72%
as long as 4386 is support look for 4709.
image
Our pivot point stands at 4386.

Our preference: as long as 4386 is support look for 4709.

Alternative scenario: below 4386, expect 4274 and 4208.

Comment: the RSI is above its neutrality area at 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 4481 and 4473).

Supports and resistances:
4843 **
4776 *
4709 **
4642
4481 last
4430
4386 **
4274 *
4208 **

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.
goTop
quote