Ether / Dollar intraday: the downside prevails as long as 2405 is resistance
Our pivot point stands at 2405.
Our preference: the downside prevails as long as 2405 is resistance.
Alternative scenario: the upside breakout of 2405, would call for 2451 and 2478.
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 2396 and 2433).
Supports and resistances:
2478 **
2451 *
2405 **
2387
2368 last
2313
2286 **
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