Ethereum Intraday: as long as 1597 is support look for 1730
Ethereum (ETH/USD)
-28.94-1.76%
as long as 1597 is support look for 1730.
Our pivot point is at 1597.
Our preference: as long as 1597 is support look for 1730.
Alternative scenario: the downside breakout of 1597 would call for 1547 and 1518.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1630 and 1593).
Supports and resistances:
1789 **
1759 *
1730 **
1700
1639 last
1616
1597 **
1547 *
1518 **
Our preference: as long as 1597 is support look for 1730.
Alternative scenario: the downside breakout of 1597 would call for 1547 and 1518.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1630 and 1593).
Supports and resistances:
1789 **
1759 *
1730 **
1700
1639 last
1616
1597 **
1547 *
1518 **
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