Ether / Dollar intraday: target 2447
Our pivot point stands at 2681.
Our preference:
Target 2447.
Alternative scenario:
The upside breakout of 2681, would call for 2763 and 2812.
Comment:
The RSI is below its neutrality area at 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 its 20 period moving average (2607) but above its 50 period moving average (2582).
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