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Ethereum Intraday: target 2217

Ethereum (ETH/USD)
+17.22+0.75%
target 2217.
image
2357 is our pivot point.

Our preference: target 2217.

Alternative scenario: above 2357, look for 2410 and 2441.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (2322) but above its 50 period moving average (2308).

Supports and resistances:
2441 **
2410 *
2357 **
2311 last
2249
2217 **
2186 *

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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