Ethereum Intraday: as long as 3788 is support look for 4017
Dec 5, 2024 5:05 AM
as long as 3788 is support look for 4017.
3788 is our pivot point.
Our preference:
as long as 3788 is support look for 4017.
Alternative scenario:
the downside breakout of 3788 would call for 3701 and 3650.
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 above both its 20 and 50 period moving average (respectively at 3845 and 3783).
Supports and resistances:
4120 **
4069 *
4017 **
3965
3858 last
3822
3788 **
3701 *
3650 **
Our preference:
as long as 3788 is support look for 4017.
Alternative scenario:
the downside breakout of 3788 would call for 3701 and 3650.
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 above both its 20 and 50 period moving average (respectively at 3845 and 3783).
Supports and resistances:
4120 **
4069 *
4017 **
3965
3858 last
3822
3788 **
3701 *
3650 **
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