Ethereum Intraday: as long as 3414 is support look for 3649

Ethereum (ETH/USD)
+11.47+0.33%
as long as 3414 is support look for 3649.
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Our pivot point is at 3414.

Our preference: as long as 3414 is support look for 3649.

Alternative scenario: the downside breakout of 3414 would call for 3326 and 3273.

Comment: the RSI is above 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 3483 and 3466).

Supports and resistances:
3755 **
3702 *
3649 **
3597
3487 last
3449
3414 **
3326 *
3273 **

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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