Ethereum Intraday: the upside prevails as long as 3843 is support
Dec 5, 2024 9:44 AM
the upside prevails as long as 3843 is support.
Our pivot point is at 3843.
Our preference:
the upside prevails as long as 3843 is support.
Alternative scenario:
below 3843, expect 3755 and 3703.
Comment:
the RSI is above its neutrality area at 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 3856 and 3817).
Supports and resistances:
4188 **
4135 *
4083 **
4030
3913 last
3877
3843 **
3755 *
3703 **
Our preference:
the upside prevails as long as 3843 is support.
Alternative scenario:
below 3843, expect 3755 and 3703.
Comment:
the RSI is above its neutrality area at 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 3856 and 3817).
Supports and resistances:
4188 **
4135 *
4083 **
4030
3913 last
3877
3843 **
3755 *
3703 **
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.
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Ethereum
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19.21
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