Ethereum Intraday: the downside prevails as long as 3858 is resistance
Ethereum (ETH/USD)
+2.17+0.07%
the downside prevails as long as 3858 is resistance.
Our pivot point stands at 3858.
Our preference: the downside prevails as long as 3858 is resistance.
Alternative scenario: above 3858, look for 3954 and 4012.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3784 and 3794).
Supports and resistances:
4012 **
3954 *
3858 **
3820
3775 last
3659
3602 **
3545 *
3487 **
Our preference: the downside prevails as long as 3858 is resistance.
Alternative scenario: above 3858, look for 3954 and 4012.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3784 and 3794).
Supports and resistances:
4012 **
3954 *
3858 **
3820
3775 last
3659
3602 **
3545 *
3487 **
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