Ether / Dollar intraday: the downside prevails as long as 1798 is resistance
Our pivot point stands at 1798.
Our preference: the downside prevails as long as 1798 is resistance.
Alternative scenario: the upside breakout of 1798, would call for 1821 and 1834.
Comment: the RSI is below its neutrality area at 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 1805 and 1792).
Supports and resistances:
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