Ether / Dollar intraday: the downside prevails as long as 4147 is resistance
Our pivot point stands at 4147.
Our preference:
The downside prevails as long as 4147 is resistance.
Alternative scenario:
Above 4147, look for 4274 and 4350.
Comment:
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 4052 and 4040)
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