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Ether / Dollar intraday: target 2817
2024-02-20
122
Our pivot point stands at 2970.
Our preference: target 2817.
Alternative scenario: the upside breakout of 2970, would call for 3024 and 3056.
Comment: the RSI is below its neutrality area at 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 trading under its 20 period moving average (2938) but above its 50 period moving average (2917).
Supports and resistances:
3056 **
3024 *
2970 **
2948
2920 last
2849
2817 **
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