Ether / Dollar intraday: the downside prevails as long as 3358 is resistance
Our pivot point stands at 3358.
Our preference: the downside prevails as long as 3358 is resistance.
Alternative scenario: above 3358, look for 3431 and 3474.
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 3341 and 3334).
Supports and resistances:
3474 **
3431 *
3358 **
3330
3300 last
3214
3170 **
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