Ethereum Intraday: as long as 1658 is support look for 1722

Ethereum (ETH/USD)
+5.96+0.36%
as long as 1658 is support look for 1722.
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1658 is our pivot point.

Our preference: as long as 1658 is support look for 1722.

Alternative scenario: below 1658, expect 1634 and 1619.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1677 and 1671).

Supports and resistances:
1736 *
1722 **
1707
1677 last
1658 **
1634 *
1619 **

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.
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