Ether / Dollar intraday: under pressure below 3201
Our pivot point stands at 3201.
Our preference:
Under pressure below 3201.
Alternative scenario:
Above 3201, look for 3299 and 3357.
Comment:
The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3127 and 3125).
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