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Ether / Dollar intraday: target 2828
2024-02-20
853
Our pivot point is at 2972.
Our preference: target 2828.
Alternative scenario: the upside breakout of 2972, would call for 3026 and 3058.
Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (2939) but above its 50 period moving average (2920).
Supports and resistances:
3058 **
3026 *
2972 **
2951
2924 last
2860
2828 **
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