Ethereum Intraday: the downside prevails as long as 3135 is resistance
Nov 20, 2024 8:50 PM
the downside prevails as long as 3135 is resistance.
Our pivot point stands at 3135.
Our preference:
the downside prevails as long as 3135 is resistance.
Alternative scenario:
the upside breakout of 3135, would call for 3199 and 3237.
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 3091 and 3101).
Supports and resistances:
3237 **
3199 *
3135 **
3110
3081 last
2998
2960 **
2922 *
2884 **
Our preference:
the downside prevails as long as 3135 is resistance.
Alternative scenario:
the upside breakout of 3135, would call for 3199 and 3237.
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 3091 and 3101).
Supports and resistances:
3237 **
3199 *
3135 **
3110
3081 last
2998
2960 **
2922 *
2884 **
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Ethereum
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