Ethereum Intraday: as long as 3411 is support look for 3642
Ethereum (ETH/USD)
-11.24-0.32%
as long as 3411 is support look for 3642.
3411 is our pivot point.
Our preference: as long as 3411 is support look for 3642.
Alternative scenario: the downside breakout of 3411 would call for 3323 and 3270.
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 (3484) but above its 50 period moving average (3438).
Supports and resistances:
3747 **
3694 *
3642 **
3589
3483 last
3446
3411 **
3323 *
3270 **
Our preference: as long as 3411 is support look for 3642.
Alternative scenario: the downside breakout of 3411 would call for 3323 and 3270.
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 (3484) but above its 50 period moving average (3438).
Supports and resistances:
3747 **
3694 *
3642 **
3589
3483 last
3446
3411 **
3323 *
3270 **
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