Ethereum Intraday: watch 1600.

Ethereum (ETH/USD)
-30.66-1.85%
short positions below 1665 with targets at 1615 & 1600 in extension.
image
Pivot: 1665

Our preference: short positions below 1665 with targets at 1615 & 1600 in extension.

Alternative scenario: above 1665 look for further upside with 1680 & 1695 as targets.

Comment: as long as the resistance at 1665 is not surpassed, the risk of the break below 1615 remains high.

Supports and resistances:
1695 **
1680 ***
1665 ***
1638 Last
1615 ***
1600 **
1582 **

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.
goTop
quote