Ether / Dollar intraday: the downside prevails as long as 3535 is resistance
Our pivot point stands at 3535.
Our preference: the downside prevails as long as 3535 is resistance.
Alternative scenario: above 3535, look for 3609 and 3654.
Comment: the RSI is below 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 3498 and 3544).
Supports and resistances:
3654 **
3609 *
3535 **
3506
3476 last
3387
3343 **
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