Ethereum Intraday: the downside prevails as long as 1917 is resistance
Ethereum (ETH/USD)
-41.66-2.17%
the downside prevails as long as 1917 is resistance.
Our pivot point stands at 1917.
Our preference: the downside prevails as long as 1917 is resistance.
Alternative scenario: above 1917, look for 1952 and 1973.
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 1909 and 1913).
Supports and resistances:
1973 **
1952 *
1917 **
1886 last
1843
1823 **
1802 *
Our preference: the downside prevails as long as 1917 is resistance.
Alternative scenario: above 1917, look for 1952 and 1973.
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 1909 and 1913).
Supports and resistances:
1973 **
1952 *
1917 **
1886 last
1843
1823 **
1802 *
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