Ethereum Intraday: as long as 4376 is resistance look for 4090
Ethereum (ETH/USD)
+198.34+4.49%
as long as 4376 is resistance look for 4090.
Our pivot point is at 4376.
Our preference: as long as 4376 is resistance look for 4090.
Alternative scenario: the upside breakout of 4376, would call for 4485 and 4550.
Comment: the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 4289 and 4289).
Supports and resistances:
4550 **
4485 *
4376 **
4333
4286 last
4155
4090 **
4025 *
3960 **
Our preference: as long as 4376 is resistance look for 4090.
Alternative scenario: the upside breakout of 4376, would call for 4485 and 4550.
Comment: the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 4289 and 4289).
Supports and resistances:
4550 **
4485 *
4376 **
4333
4286 last
4155
4090 **
4025 *
3960 **
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