Ethereum Intraday: target 1797
Ethereum (ETH/USD)
+51.06+2.70%
target 1797.
Our pivot point is at 1943.
Our preference: target 1797.
Alternative scenario: above 1943, look for 2000 and 2034.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (1903) but above its 50 period moving average (1899).
Supports and resistances:
2034 **
2000 *
1943 **
1921
1899 last
1831
1797 **
1764 *
1730 **
Our preference: target 1797.
Alternative scenario: above 1943, look for 2000 and 2034.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (1903) but above its 50 period moving average (1899).
Supports and resistances:
2034 **
2000 *
1943 **
1921
1899 last
1831
1797 **
1764 *
1730 **
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