Ether / Dollar intraday: target 3144
3418 is our pivot point.
Our preference:
Target 3144.
Alternative scenario:
The upside breakout of 3418, would call for 3523 and 3585.
Comment:
The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (3340) but above its 50 period moving average (3333).
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