Market Analysis of Ethereum on Friday 11 February 2022

2022-02-11 10:20Source:BtcDana

Ether / Dollar intraday: the downside prevails as long as 3201 is resistance

 

Our pivot point stands at 3201.

 

Our preference:

The downside prevails as long as 3201 is resistance.

 

Alternative scenario:

Above 3201, look for 3299 and 3358.

 

Comment:

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3193 and 3206).


Analyst Views Chart


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