Ether / Dollar intraday: the downside prevails as long as 3154 is resistance
Our pivot point is at 3154.
Our preference: the downside prevails as long as 3154 is resistance.
Alternative scenario: the upside breakout of 3154, would call for 3221 and 3261.
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 3119 and 3119).
Supports and resistances:
3261 **
3221 *
3154 **
3127
3101 last
3019
2979 **
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