Market Analysis of Ethereum on Tuesday 18 January 2022

2022-01-18 10:05Source:BtcDana

Ether / Dollar intraday: rebound towards 3400

 

3129 is our pivot point.

 

Our preference:

Rebound towards 3400.

 

Alternative scenario:

Below 3129, expect 3028 and 2969.

 

Comment:

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3239 and 3277).


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