Ether / Dollar intraday: the downside prevails as long as 3037 is resistance
Our pivot point stands at 3037.
Our preference: the downside prevails as long as 3037 is resistance.
Alternative scenario: above 3037, look for 3111 and 3155.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2996 and 2987).
Supports and resistances:
3155 **
3111 *
3037 **
3007
2978 last
2890
2846 **
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