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Ethereum Intraday: the upside prevails as long as 2751 is support

Feb 4, 2025 2:02 PM
the upside prevails as long as 2751 is support.
image
Our pivot point is at 2751.
Our preference:
the upside prevails as long as 2751 is support.
Alternative scenario:
below 2751, expect 2687 and 2649.
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 2746 and 2758).
Supports and resistances:
2991 **
2953 *
2915 **
2877
2801 last
2776
2751 **
2687 *
2649 **
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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