Ether / Dollar intraday: the downside prevails as long as 2892 is resistance
Our pivot point stands at 2892.
Our preference:
The downside prevails as long as 2892 is resistance.
Alternative scenario:
The upside breakout of 2892, would call for 2980 and 3033.
Comment:
The RSI is below 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 2859 and 2900).
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