Ethereum Intraday: as long as 2790 is support look for 2912
Nov 7, 2024 9:50 AM
as long as 2790 is support look for 2912.
Our pivot point is at 2790.
Our preference:
as long as 2790 is support look for 2912.
Alternative scenario:
the downside breakout of 2790 would call for 2744 and 2717.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2821 and 2724).
Supports and resistances:
2967 **
2939 *
2912 **
2885
2827 last
2808
2790 **
2744 *
2717 **
Our preference:
as long as 2790 is support look for 2912.
Alternative scenario:
the downside breakout of 2790 would call for 2744 and 2717.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2821 and 2724).
Supports and resistances:
2967 **
2939 *
2912 **
2885
2827 last
2808
2790 **
2744 *
2717 **
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