Ethereum Intraday: the upside prevails as long as 3409 is support
Dec 26, 2024 1:06 AM
the upside prevails as long as 3409 is support.
Our pivot point is at 3409.
Our preference:
the upside prevails as long as 3409 is support.
Alternative scenario:
the downside breakout of 3409 would call for 3320 and 3268.
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 3472 and 3480).
Supports and resistances:
3748 **
3695 *
3643 **
3590
3483 last
3444
3409 **
3320 *
3268 **
Our preference:
the upside prevails as long as 3409 is support.
Alternative scenario:
the downside breakout of 3409 would call for 3320 and 3268.
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 3472 and 3480).
Supports and resistances:
3748 **
3695 *
3643 **
3590
3483 last
3444
3409 **
3320 *
3268 **
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Ethereum
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