Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
-53.85-1.73%
the downside prevails as long as 3183 is resistance.
Our pivot point stands at 3183.
Our preference: the downside prevails as long as 3183 is resistance.
Alternative scenario: the upside breakout of 3183, would call for 3262 and 3309.
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 3146 and 3152). Finally, the Ether / Dollar has penetrated its lower Bollinger band (3101).
Supports and resistances:
3309 **
3262 *
3183 **
3152
3100 last
2996
2950 **
2903 *
2857 **
Our preference: the downside prevails as long as 3183 is resistance.
Alternative scenario: the upside breakout of 3183, would call for 3262 and 3309.
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 3146 and 3152). Finally, the Ether / Dollar has penetrated its lower Bollinger band (3101).
Supports and resistances:
3309 **
3262 *
3183 **
3152
3100 last
2996
2950 **
2903 *
2857 **
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