Ether / Dollar intraday: the downside prevails as long as 2983 is resistance
2983 is our pivot point.
Our preference: the downside prevails as long as 2983 is resistance.
Alternative scenario: the upside breakout of 2983, would call for 3037 and 3069.
Comment: the RSI is below 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 2963 and 2977).
Supports and resistances:
3069 **
3037 *
2983 **
2961
2935 last
2870
2838 **
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