Market Analysis of Ethreum on Wednesday 19 January 2022

2022-01-19 10:00Source:BtcDana

Ether / Dollar intraday: rebound towards 3295

 

Our pivot point is at 3026.

 

Our preference:

Rebound towards 3295.

 

Alternative scenario:

Below 3026, expect 2928 and 2870.

 

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 is trading under both its 20 and 50 period moving average (respectively at 3128 and 3166).


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