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Ethereum Intraday: the upside prevails as long as 3064 is support

Nov 20, 2024 2:03 PM
the upside prevails as long as 3064 is support.
image
Our pivot point stands at 3064.
Our preference:
the upside prevails as long as 3064 is support.
Alternative scenario:
below 3064, expect 2999 and 2961.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 3112 and 3109).
Supports and resistances:
3314 **
3275 *
3237 **
3198
3121 last
3089
3064 **
2999 *
2961 **
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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