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Ether / Dollar ST: the downside prevails as long as 2530 is resistance
2024-02-06
1042
Our pivot point stands at 2530.
Our preference: the downside prevails as long as 2530 is resistance.
Alternative scenario: the upside breakout of 2530, would call for 2824 and 2998.
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 is trading under both its 20 and 50 period moving average (respectively at 2321 and 2341).
Supports and resistances:
2998 **
2824 *
2530 **
2415
2299 last
1948
1774 **
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