Ether / Dollar intraday: the downside prevails as long as 2272 is resistance
Our pivot point is at 2272.
Our preference: the downside prevails as long as 2272 is resistance.
Alternative scenario: the upside breakout of 2272, would call for 2312 and 2336.
Comment: the RSI is below its neutrality area at 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 2262 and 2272).
Supports and resistances:
2336 **
2312 *
2272 **
2256
2238 last
2188
2164 **
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