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Ether / Dollar intraday: the downside prevails as long as 2969 is resistance
2024-02-20
726
Our pivot point stands at 2969.
Our preference: the downside prevails as long as 2969 is resistance.
Alternative scenario: the upside breakout of 2969, would call for 3023 and 3055.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2936 and 2922).
Supports and resistances:
3055 **
3023 *
2969 **
2947
2922 last
2853
2821 **
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