Ethereum Intraday: as long as 1844 is support look for 1937

Ethereum (ETH/USD)
+9.14+0.49%
as long as 1844 is support look for 1937.
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1844 is our pivot point.

Our preference: as long as 1844 is support look for 1937.

Alternative scenario: the downside breakout of 1844 would call for 1809 and 1789.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (1875) but above its 50 period moving average (1848).

Supports and resistances:
1957 *
1937 **
1916
1874 last
1844 **
1809 *
1789 **

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