Ether / Dollar intraday: the downside prevails as long as 3346 is resistance
Our pivot point is at 3346.
Our preference:
The downside prevails as long as 3346 is resistance.
Alternative scenario:
Above 3346, look for 3449 and 3510.
Comment:
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3315 and 3339).
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