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Ethereum Intraday: the upside prevails as long as 3549 is support

Nov 29, 2024 2:03 PM
the upside prevails as long as 3549 is support.
image
Our pivot point stands at 3549.
Our preference:
the upside prevails as long as 3549 is support.
Alternative scenario:
below 3549, expect 3469 and 3422.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3580 and 3574).
Supports and resistances:
3849 **
3801 *
3754 **
3707
3612 last
3580
3549 **
3469 *
3422 **
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
3906.93
71.83
+1.87%