Ether / Dollar intraday: the downside prevails as long as 3180 is resistance
Our pivot point is at 3180.
Our preference: the downside prevails as long as 3180 is resistance.
Alternative scenario: above 3180, look for 3259 and 3306.
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 3136 and 3145).
Supports and resistances:
3306 **
3259 *
3180 **
3149
3118 last
3019
2972 **
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