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Ether / Dollar intraday: the downside prevails as long as 4038 is resistance
2024-03-13
859
4038 is our pivot point.
Our preference: the downside prevails as long as 4038 is resistance.
Alternative scenario: the upside breakout of 4038, would call for 4102 and 4140.
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 4036 and 4001).
Supports and resistances:
4140 **
4102 *
4038 **
4013
3980 last
3888
3850 **
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