Ether / Dollar intraday: as long as 2855 is support look for 2990
Our pivot point is at 2855.
Our preference: as long as 2855 is support look for 2990.
Alternative scenario: the downside breakout of 2855 would call for 2802 and 2771.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (2910) but above its 50 period moving average (2872).
Supports and resistances:
3053 **
3022 *
2990 **
2959
2896 last
2876
2855 **
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