Ether / Dollar intraday: target 2988
Our pivot point is at 3147.
Our preference: target 2988.
Alternative scenario: the upside breakout of 3147, would call for 3204 and 3238.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (3105) but above its 50 period moving average (3072).
Supports and resistances:
3238 **
3204 *
3147 **
3124
3090 last
3022
2988 **
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