Ethereum Intraday: as long as 1878 is support look for 1970

Ethereum (ETH/USD)
+24.37+1.28%
as long as 1878 is support look for 1970.
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Our pivot point stands at 1878.

Our preference: as long as 1878 is support look for 1970.

Alternative scenario: below 1878, expect 1843 and 1822.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1902 and 1882).

Supports and resistances:
1991 *
1970 **
1949
1907 last
1878 **
1843 *
1822 **

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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