Ether / Dollar intraday: the downside prevails as long as 2732 is resistance
Our pivot point is at 2732.
Our preference:
The downside prevails as long as 2732 is resistance.
Alternative scenario:
The upside breakout of 2732, would call for 2816 and 2866.
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 2665 and 2682).
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