Ether / Dollar intraday: below its lower Bollinger band
2985 is our pivot point.
Our preference: the downside prevails as long as 2985 is resistance.
Alternative scenario: above 2985, look for 3039 and 3072.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2982 and 2974). Finally, the Ether / Dollar is trading below its lower Bollinger band (standing at 2945).
Supports and resistances:
3072 **
3039 *
2985 **
2964
2940 last
2875
2842 **
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