Ethereum Intraday: below its lower Bollinger band
Ethereum (ETH/USD)
-59.67-1.74%
the downside prevails as long as 2445 is resistance.
Our pivot point stands at 2445.
Our preference: the downside prevails as long as 2445 is resistance.
Alternative scenario: above 2445, look for 2504 and 2540.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2412 and 2415). Finally, the Ether / Dollar has penetrated its lower Bollinger band (2396).
Supports and resistances:
2540 **
2504 *
2445 **
2422
2396 last
2324
2289 **
2254 *
2218 **
Our preference: the downside prevails as long as 2445 is resistance.
Alternative scenario: above 2445, look for 2504 and 2540.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2412 and 2415). Finally, the Ether / Dollar has penetrated its lower Bollinger band (2396).
Supports and resistances:
2540 **
2504 *
2445 **
2422
2396 last
2324
2289 **
2254 *
2218 **
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