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Ether / Dollar intraday: the downside prevails as long as 3464 is resistance
2024-03-01
358
3464 is our pivot point.
Our preference: the downside prevails as long as 3464 is resistance.
Alternative scenario: the upside breakout of 3464, would call for 3525 and 3561.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3442 and 3425).
Supports and resistances:
3561 **
3525 *
3464 **
3440
3402 last
3329
3293 **
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