Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
-162.89-3.76%
the downside prevails as long as 4330 is resistance.
Our pivot point is at 4330.
Our preference: the downside prevails as long as 4330 is resistance.
Alternative scenario: the upside breakout of 4330, would call for 4418 and 4471.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 4326 and 4312). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 4245).
Supports and resistances:
4471 **
4418 *
4330 **
4295
4228 last
4110
4058 **
4006 *
3954 **
Our preference: the downside prevails as long as 4330 is resistance.
Alternative scenario: the upside breakout of 4330, would call for 4418 and 4471.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 4326 and 4312). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 4245).
Supports and resistances:
4471 **
4418 *
4330 **
4295
4228 last
4110
4058 **
4006 *
3954 **
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