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Ether / Dollar intraday: the downside prevails as long as 2534 is resistance
2024-02-12
435
Our pivot point stands at 2534.
Our preference: the downside prevails as long as 2534 is resistance.
Alternative scenario: the upside breakout of 2534, would call for 2580 and 2607.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2505 and 2513).
Supports and resistances:
2607 **
2580 *
2534 **
2516
2498 last
2443
2416 **
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