Ethereum Intraday: rebound
Ethereum (ETH/USD)
-23.12-0.70%
rebound.
Our pivot point stands at 3247.
Our preference: rebound.
Alternative scenario: the downside breakout of 3247 would call for 3186 and 3150.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (3305) but below its 50 period moving average (3311).
Supports and resistances:
3492 **
3456 *
3419 **
3383
3308 last
3271
3247 **
3186 *
3150 **
Our preference: rebound.
Alternative scenario: the downside breakout of 3247 would call for 3186 and 3150.
Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (3305) but below its 50 period moving average (3311).
Supports and resistances:
3492 **
3456 *
3419 **
3383
3308 last
3271
3247 **
3186 *
3150 **
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