Ether / Dollar intraday: the downside prevails as long as 3342 is resistance
Our pivot point is at 3342.
Our preference: the downside prevails as long as 3342 is resistance.
Alternative scenario: the upside breakout of 3342, would call for 3425 and 3474.
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 stands below its 20 and 50 period moving average (respectively at 3300 and 3303).
Supports and resistances:
3474 **
3425 *
3342 **
3309
3276 last
3177
3127 **
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