Ethereum Intraday: as long as 2771 is support look for 2890
Nov 7, 2024 2:03 PM
as long as 2771 is support look for 2890.
Our pivot point stands at 2771.
Our preference:
as long as 2771 is support look for 2890.
Alternative scenario:
the downside breakout of 2771 would call for 2725 and 2698.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (2819) but above its 50 period moving average (2757).
Supports and resistances:
2945 **
2918 *
2890 **
2863
2809 last
2789
2771 **
2725 *
2698 **
Our preference:
as long as 2771 is support look for 2890.
Alternative scenario:
the downside breakout of 2771 would call for 2725 and 2698.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (2819) but above its 50 period moving average (2757).
Supports and resistances:
2945 **
2918 *
2890 **
2863
2809 last
2789
2771 **
2725 *
2698 **
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.
Related Instruments
Ethereum
3447.88
81.99
+2.44%