Ether / Dollar intraday: the downside prevails as long as 2664 is resistance
2664 is our pivot point.
Our preference:
The downside prevails as long as 2664 is resistance.
Alternative scenario:
The upside breakout of 2664, would call for 2746 and 2794.
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 2615 and 2648).
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