Ethereum Short Term: the upside prevails as long as 2242 is support
Oct 1, 2024 10:05 AM
the upside prevails as long as 2242 is support.
Our pivot point is at 2242.
Our preference:
the upside prevails as long as 2242 is support.
Alternative scenario:
below 2242, expect 1797 and 1533.
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 2528 and 2528).
Supports and resistances:
4013 **
3741 *
3470 **
3199
2635 last
2417
2242 **
1797 *
1533 **
Our preference:
the upside prevails as long as 2242 is support.
Alternative scenario:
below 2242, expect 1797 and 1533.
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 2528 and 2528).
Supports and resistances:
4013 **
3741 *
3470 **
3199
2635 last
2417
2242 **
1797 *
1533 **
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Ethereum
2345.27
5.80
+0.25%