Ethereum Intraday: rebound
Nov 29, 2024 9:43 AM
rebound.
Our pivot point stands at 3510.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 3510 would call for 3431 and 3384.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (3572) but under its 50 period moving average (3578).
Supports and resistances:
3808 **
3762 *
3715 **
3668
3573 last
3541
3510 **
3431 *
3384 **
Our preference:
rebound.
Alternative scenario:
the downside breakout of 3510 would call for 3431 and 3384.
Comment:
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (3572) but under its 50 period moving average (3578).
Supports and resistances:
3808 **
3762 *
3715 **
3668
3573 last
3541
3510 **
3431 *
3384 **
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Ethereum
3912.11
77.01
+2.01%