Our pivot point stands at 427.29.
Our preference
The upside prevails as long as 427.29 is support.
Alternative scenario
The downside breakout of 427.29 would call for 418.26 and 412.89.
Comment
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 426.37 and 418.24). Finally, the Ethereum / Dollar has crossed above its upper Bollinger band (433.55).
Supports and resistances
467.20 **
461.76 *
456.31 **
450.87
434.49 last
430.84
427.29 **
418.26 *
412.89 **
Our preference
The upside prevails as long as 427.29 is support.
Alternative scenario
The downside breakout of 427.29 would call for 418.26 and 412.89.
Comment
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 426.37 and 418.24). Finally, the Ethereum / Dollar has crossed above its upper Bollinger band (433.55).
Supports and resistances
467.20 **
461.76 *
456.31 **
450.87
434.49 last
430.84
427.29 **
418.26 *
412.89 **