Ether / Dollar intraday: the downside prevails as long as 2972 is resistance
Our pivot point is at 2972.
Our preference: the downside prevails as long as 2972 is resistance.
Alternative scenario: the upside breakout of 2972, would call for 3026 and 3058.
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 2932 and 2925).
Supports and resistances:
3058 **
3026 *
2972 **
2951
2920 last
2853
2821 **
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