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    Ethereum Intraday: as long as 3207 is resistance look for 2994

    Apr 26, 2024 19:54
    Ethereum (ETH/USD)
    19.06+0.62%
    as long as 3207 is resistance look for 2994.
    image
    3207 is our pivot point.

    Our preference: as long as 3207 is resistance look for 2994.

    Alternative scenario: above 3207, look for 3286 and 3334.

    Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands above its 20 period moving average (3132) but below its 50 period moving average (3144).

    Supports and resistances:
    3334 **
    3286 *
    3207 **
    3175
    3136 last
    3041
    2994 **
    2947 *
    2899 **

    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.
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