Ether / Dollar intraday: rebound towards 2868
Our pivot point stands at 2629.
Our preference:
Rebound towards 2868.
Alternative scenario:
Below 2629, expect 2544 and 2494.
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 stands below its 20 and 50 period moving average (respectively at 2719 and 2752).
This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading View and BTCDana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.